Shree Cement Withdraws Lockout at Chhattisgarh Plant After Settlement With Workers

Shree Cement on Tuesday announced that it has withdrawn the lockout imposed at its cement plant in Baloda Bazar, Raipur district of Chhattisgarh, following a settlement with workers. The company said that its management and the workmen reached an amicable resolution to end the standoff, restoring normal operations at the facility.

In a regulatory filing, Shree Cement confirmed that the lockout was withdrawn with effect from 11:00 pm on December 22, 2025. The development brings an end to a disruption that had impacted production at the plant for several days.

Background of the Lockout

Last week, Shree Cement had informed stock exchanges that it imposed a lockout at the Baloda Bazar plant starting December 18, citing non-cooperation by workmen. A lockout, initiated by management, prevents employees from working and is considered the employer’s equivalent of a strike by workers.

The move had raised concerns about production losses, as the company estimated an impact of around 10,000 tonnes per day on cement output during the lockout period.

No Damage Reported During Disruption

Shree Cement clarified that no loss or damage to company property was reported during the lockout. This helped contain potential financial and operational risks associated with prolonged labour unrest and ensured that the facility could resume operations smoothly after the settlement.

Plant Capacity and Operations

The Baloda Bazar facility houses a clinker grinding unit with an annual capacity of 3.4 million tonnes. The unit was commissioned relatively recently, on April 20, 2025, making it an important asset in Shree Cement’s expansion and regional supply strategy.

At the group level, Shree Cement has an installed cement production capacity of 50.4 million tonnes per annum (MTPA). The company also operates a power generation capacity of 742 MW, which includes renewable energy sources, supporting its focus on operational efficiency and sustainability.

Shree Cement Share Price Performance

On December 24, 2025, Shree Cement share price (NSE: SHREECEM) opened at ₹25,945.00, touching the day’s low at ₹25,850.00, as of 11:38 AM on the NSE.

Also Read: Shree Cement Plans to Invest ₹2,000 Crore in Maharashtra Manufacturing Unit!

Conclusion

The withdrawal of the lockout at Shree Cement’s Baloda Bazar plant signals a positive resolution to labour-related challenges and allows the company to stabilise production after a brief disruption. With operations resuming and no reported damage during the lockout period, Shree Cement is positioned to normalise output quickly and continue supporting demand across key markets while maintaining focus on capacity expansion and operational efficiency.

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