Shree Cement announces the resolution of the lockout situation at its Baloda Bazar plant in Chhattisgarh, effective December 22, 2025, at 11:00 PM. Management and workmen have reached an amicable settlement, leading to the withdrawal of the lockout. The company estimates a loss of approximately 10,000 tons of cement production per day during the lockout period, with no reported damage to property.
Plant Operations Resume
Shree Cement has successfully resolved the lockout situation at its cement plant located in Baloda Bazar, Raipur, Chhattisgarh. The plant resumed operations on December 22, 2025, at 11:00 PM. This follows a previous announcement on December 19, 2025, regarding the initial lockout.
Amicable Settlement Reached
An amicable settlement has been reached between the management and the workmen. This resolution has led to the withdrawal of the lockout, ensuring the resumption of normal operations at the plant.
Production Impact
During the lockout period from December 18, 2025, to December 22, 2025, the company experienced a loss in cement production, estimated at approximately 10,000 tons per day. There were no reported losses or damages to the company’s property as a result of the lockout.
Source: BSE