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Shree Cement’s arm gets nod to set up Clinker Grinding Unit in West Bengal

15 Sep 2021 Evaluate

Shree Cement’s Wholly Owned Subsidiary -- Shree Cement East has received board’s approval for the proposal for setting up of a Clinker Grinding Unit at Village Digha & Parbatpur, in Purulia district of West Bengal. The Proposed capacity addition is 3.0 Million Ton Per Annum at an investment of Rs 750 crore.

The financing will be through equity contribution from Shree Cement. The cement demand supply situation in West Bengal appears quite favourable and thus, investment in cement plant in the State would be a viable proposition.

Shree Cement is a rapidly growing Company focused on its core business of Cement & Power. Currently, its manufacturing operations are spread over North and Eastern India across six states.

Shree Cement Share Price

25301.95 198.70 (0.79%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
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