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, relates to violations observed during an inspection conducted in 2013 at the Sheopura Kesarpura Mines, Rajasthan.
The demand order cites delayed compliance with Clause 2 and 3 of Part IX of the Lease deed executed under the Mineral Concession Rules, 1960. Despite the penalty, Shree Cement has stated that the order will not have a major financial impact on the company. The company also indicated that suitable legal actions will be pursued in due course.
This development comes as part of regulatory compliance and oversight by the Department of Mines & Geology, which routinely inspects mining operations to ensure adherence to established rules and regulations.
Shree Cement, headquartered in Beawar, Rajasthan, is one of India’s leading cement producers, with operations spanning across various regions in the country.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).