Action(s) initiated or orders passed
As filed · Shree Digvijay Cement Co.Ltd has informed the Exchange about Action(s) initiated or orders passed
What happened
FactShree Digvijay Cement Co.Ltd has informed the Exchange about Action(s) initiated or orders passed. Exchanges about the update on pending litigations/disputes. (including penalty) amount of INR 22,79,81,772 (Rupees Twenty-Two Crores Seventy-nine.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
WithdrawnThe company’s expansion plan to increase its capacity from 1.5 million tons to 3.0 million tons by setting up a new cement grinding plant is now ready and currently undergoing trial runs.
We expect to launch the cement from this plant very soon.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- quarter four, we are not anticipating any cost increase. (management committed by Q4 FY26)
- maybe quarter one FY '27 you will see there is an increase in the cost. (management committed by Q1 FY27)
Evidence
- Shree Digvijay Cement Co.Ltd has informed the Exchange about Action(s) initiated or orders passed(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · FY26
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%