NSE: SHREECEM · 8 October 2026 · Pre-market update
- Shree Cement Limited is in focus ahead of the market open following an update regarding the dismissal of its appeal against a central tax demand order by the Joint Commissioner (Appeals) in Hyderabad, reinstating a tax and penalty demand.
- The Joint Commissioner (Appeals), Hyderabad dismissed the appeal filed by Shree Cement against a demand order from the Superintendent, Central Tax, Punjagutta. The ruling upholds a tax demand of Rs. 9,88,093 (with Rs. 4,830 already deposited) along with a penalty of Rs. 1,16,685, while dropping a smaller tax demand of Rs. 37,083 and a penalty of Rs. 641 related to the wrong availment of ITC.
- Trading volume was 1.02 times the 20-day average daily volume.
Shree Cement Company News Before Market Open
Shree Cement Limited is in focus ahead of the market open following an update regarding the dismissal of its appeal against a central tax demand order by the Joint Commissioner (Appeals) in Hyderabad, reinstating a tax and penalty demand.
The reinstatement of the central tax demand and penalty following the dismissal of the company's appeal draws attention to regulatory compliance. Shree Cement enters the pre-market session following a prior-session close of ₹21,780.0, down 1.94%, hovering near its 52-week low of ₹21,355.0. Management plans to challenge the order before the GST Appellate Tribunal within the prescribed timeline under the Telangana GST Act, 2017.
43,001 shares traded on 7 October 2026. This compares with a 20-day average daily volume of 41,995 shares (1.02 times). The five-day average daily volume was 28,356 shares.
The reinstatement of the central tax demand and penalty following the dismissal of the company's appeal draws attention to regulatory compliance. Shree Cement enters the pre-market session following a prior-session close of ₹21,780.0, down 1.94%, hovering near its 52-week low of ₹21,355.0. Management plans to challenge the order before the GST Appellate Tribunal within the prescribed timeline under the Telangana GST Act, 2017.
Latest Company Developments
The Joint Commissioner (Appeals), Hyderabad dismissed the appeal filed by Shree Cement against a demand order from the Superintendent, Central Tax, Punjagutta. The ruling upholds a tax demand of Rs. 9,88,093 (with Rs. 4,830 already deposited) along with a penalty of Rs. 1,16,685, while dropping a smaller tax demand of Rs. 37,083 and a penalty of Rs. 641 related to the wrong availment of ITC.
The reinstatement of the tax demand and penalty brings regulatory and compliance updates into focus for investors, though the company stated the order has no major financial impact and plans to appeal before the GST Appellate Tribunal.
the Joint Commissioner (Appeals), Hyderabad has dismissed the appeal filed against the demand order passed by Superintendent, Central Tax, Punjagutta, Hyderabad thereby reinstating Demand including Penalty
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 11.69% on 30 June 2026. This compares with 11.25% on 31 March 2026, a change of +0.44 percentage points.
The filing reported 33 MF/UTI holders.
What to Watch Next
- Investor reaction and trading volume at the market open following the tax demand disclosure.
- Price action relative to the 52-week low of ₹21,355.0 and the prior session's low of ₹21,690.0.
- Further updates regarding the planned appeal before the GST Appellate Tribunal.
Other Dated Coverage
- Why Shree Cement Shares Fell 3.02% Today to Hit 52-Week Lows | 1 October 2026 — 1 October 2026
- Why Shree Cement Shares Are Up 2.03% Today: Technical Rebound Explained | 30 September 2026 — 30 September 2026
More Shree Cement news and dated analysis →
Frequently Asked Questions
What is the latest Shree Cement company news?
The Joint Commissioner (Appeals), Hyderabad dismissed the appeal filed by Shree Cement against a demand order from the Superintendent, Central Tax, Punjagutta. The ruling upholds a tax demand of Rs. 9,88,093 (with Rs. 4,830 already deposited) along with a penalty of Rs. 1,16,685, while dropping a smaller tax demand of Rs. 37,083 and a penalty of Rs. 641 related to the wrong availment of ITC.
How strong was Shree Cement’s trading volume?
43,001 shares traded, 1.02 times the 20-day average daily volume. The price and volume data are dated 7 October 2026.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.