
Sri Chakra Cement Suspends Operations Due to Working Capital Constraints
Sri Chakra Cement Ltd has temporarily suspended its manufacturing operations at its Karampudi unit, Guntur District, Andhra Pradesh, effective June 27, 2026. This decision was necessitated by acute working capital constraints, impacting the company's ability to continue normal manufacturing activities. The suspension is complete for the unit, which represents 100% of the company's operations. The company is actively pursuing measures to improve its liquidity, including mobilizing additional working capital and exploring funding and restructuring options, with the goal of resuming operations as soon as possible. The estimated annual revenue impact is approximately ₹130 Crore. The exact timeline for recommencement is uncertain and depends on the success of these revival initiatives. All assets are adequately insured up to ₹151.50 crores.
Key Highlights
- Manufacturing operations fully suspended due to working capital issues.
- Estimated annual revenue impact of ₹130 Crore.
- Company actively seeking funding and restructuring to resume operations.
- No definitive timeline for recommencement currently available.
- Assets insured for ₹151.50 crores against fire and perils.
Price Impact
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