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Saurashtra Cement received a GST show cause notice from the Maharashtra State Tax Department for Rs. 2.07 Crore regarding excess Input Tax Credit.
Promoter Mr. Jay Mahendra Mehta disclosed an internal reorganization involving the transfer of voting rights in Saurashtra Cement Limited to the Mehta Family Trust.
Mehta Family Trust acquired an indirect 14.57% stake in Saurashtra Cement Ltd via an internal reorganization of Galaxy Technologies Private Ltd shares. Control remains unchanged.
Saurashtra Cement Ltd held its 68th Annual General Meeting on September 23, 2026. The meeting covered the adoption of financial statements and various director re-appointments.
Saurashtra Cement revised the effective date of Mrs. Jayashree D. Soni's CS/KMP appointment to 1 October 2026. The change follows her earlier notification of a later joining date.
Saurashtra Cement Limited has released its Annual Report for FY 2025-26. The 68th Annual General Meeting is scheduled for September 23, 2026, via video conference.
Saurashtra Cement received a tax show cause notice for Rs. 29.48 Crore from the Gujarat State Tax department. The company is contesting the demand.
Saurashtra Cement re-appointed Mr. M. S. Gilotra as Managing Director for a one-year term, effective January 1, 2027, subject to shareholder approval.
Saurashtra Cement announced the resignation of CEO (Paints Division) Surender Bhatia, effective August 14, 2026. Ms. Sonali Sanas has been appointed as his successor, effective August 16, 2026.
Saurashtra Cements Ltd reported revenue from operations of ₹456.7 Cr (+7.8% YoY) and net profit of ₹9.1 Cr (-46.2% YoY) for Q1 FY27.
Saurashtra Cement will hold a board meeting on August 6, 2026. The board plans to approve unaudited financial results for the quarter ended June 30, 2026.
Saurashtra Cement announced a 24-day planned annual maintenance shutdown of the kiln at its Ranavav plant starting July 21, 2026. Cement dispatches continue normally.
Saurashtra Cement received SEBI approval granting the Mehta Family Trust exemption from open-offer obligations. This facilitates an internal family reorganization without changing company control.
Saurashtra Cement received a partially favorable appellate order from the Income Tax authorities. The company plans to file a second appeal before the ITAT, Rajkot.
Mr. Surender Bhatia has resigned as CEO of the Paints Division effective August 14, 2026. The departure marks a transition in the company's divisional leadership.
Saurashtra Cement confirmed its non-applicability as a 'Large Corporate' under SEBI debt framework. The company reported outstanding borrowings of ₹42.36 Crore as of March 2026.
Saurashtra Cement Limited's board approved appointing M. Goyal & Co as Cost Auditors and Pipalia Singhal & Associates as Internal Auditors. Both appointments are for one year.
Saurashtra Cements Ltd reported revenue from operations of ₹446.6 Cr (+1.9% YoY) and net profit of ₹18.8 Cr (-42.9% YoY) for Q4 FY26.
Saurashtra Cement Ltd reported audited financial results for the year ended March 31, 2026. The Board also approved appointing Goyal & Co. as cost auditors.
Saurashtra Cement Limited received an Appeal Order from the Income Tax Department for AY 2017-18. The order allows the company's claim for deduction under Section 80IA, though it also includes an enhancement of income. The company has already filed an appeal against the enhancement. There is no material financial impact from this order.
Mr. Mahendra Nanjibhai Mehta has resigned from his position as a Non-Executive Non-Independent Director at Saurashtra Cement Limited, effective April 23, 2026. The resignation is attributed to ageing and health issues. This change reduces the board's headcount by one person.
Mr. Mahendra Nanjibhai Mehta has resigned from his position as a Non-Executive Non-Independent Director at Saurashtra Cement Limited, effective April 23, 2026. The resignation is attributed to aging and health issues. The board has taken note of the cessation.
Mr. Mahendra Nanjibhai Mehta has resigned as Chairman Emeritus (Non-Executive Non-Independent Director) of Saurashtra Cement Limited, effective April 23, 2026. The resignation is attributed to ageing and health issues, with no other material reasons reported.
Mr. Mahendra Nanjibhai Mehta has resigned as Chairman Emeritus and Non-Executive Non-Independent Director of Saurashtra Cement Limited, effective April 23, 2026. The resignation is attributed to ageing and health issues. The company confirmed there are no other material reasons for his departure.
Saurashtra Cement Limited has scheduled a Board Meeting on May 12, 2026, to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company also confirmed that its trading window remains closed until May 15, 2026.