The FY27 capex guidance has been cut from ₹3,000 crore (announced in Q2FY26 earnings call) to ₹1,500 crore, to be deployed towards ready-mix concrete (RMC) expansion, railway sidings, and initial work on the Meghalaya project. Shree Cement’s plan to reach 80 mtpa capacity target by 2029 is contingent on demand conditions and optimization of capacity utilization.
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