Business Update23 Dec 2025, 12:39 pm
Shree Cement Ltd Resumes Operations After Amicable Settlement
AI Summary
Shree Cement Ltd has resumed operations at its Baloda Bazar plant in Raipur, Chhattisgarh, following an amicable settlement between management and workmen. The plant was under lockout from December 18, 2025, due to a standoff, which has now been resolved. The lockout was withdrawn on December 22, 2025, at 11:00 PM.
Key Highlights
- Shree Cement Ltd resumes operations at Baloda Bazar plant
- Operations halted due to a standoff between management and workmen
- Standoff resolved through an amicable settlement
- Lockout withdrawn on December 22, 2025, at 11:00 PM
- No insurance claim made as no loss/damage to the company’s property was realized during the lockout period