Shree Cement faces Rs 68.56 lakh penalty from Rajasthan mining authority | Business Upturn

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Shree Cement has been issued a demand order imposing a penalty of Rs 68.56 lakh by the Superintending Mining Engineer, Office of the Mining Engineer, Department of Mines & Geology, Ajmer Circle, Rajasthan. The order, received on 23rd March 2026, pertains to delayed compliance observed during an inspection conducted by DMG officials at the Sheopura Kesarpura Mines in Rajasthan in 2013. The violation is related to Clause 2 & 3 of Part IX of the Lease Deed executed under Mineral Concession Rules, 1960.

The company has stated that the order will not have a major financial impact on its operations. Shree Cement plans to take suitable legal actions in due course to address the penalty imposed by the mining authority.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

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TOPICS: Department of Mines & Geology Rajasthan Shree cement