- Business
- Shree Digvijay Cement Company Limited manufactures and markets cement and related products from its facility in Digvijaygram, Sikka, via Jamnagar, Gujarat, India. Founded in 1944 and headquartered in Jamnagar district, Gujarat, the company produces Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Sulphate Resisting Portland Cement (SRPC), Oil Well Cement, and Railway Sleeper Grade Cement, marketed under the Kamal Cement brand; cement is supplied in 50kg bags, 1.5MT jumbo bags, and bulk form directly loaded onto trucks for construction applications including foundations, masonry mortars, rapid-setting projects, and railway sleepers. It operates primarily in the Gujarat market through over 1,000 channel partners and dealers, with logistics and trading activities supported by road, rail, air, sea connectivity, and its own port; the plant includes a waste heat recovery system (WHRS) power plant and has an installed clinker capacity of 2.21Mta.
In recent developments, the company commissioned a new 1.5Mta cement grinding unit at Sikka on 1 October 2025, doubling total cement capacity to 3Mta from 1.5Mta. It entered into a brand usage, supply, and distributorship agreement with Hi-Bond Cement (India) Private Limited for exclusive long-term distribution rights to Hi-Bond's cement products, valued at approximately INR600cr annually based on Hi-Bond's prior-year turnover. The board approved a 50.10% stake sale to India Resurgence Fund (IRF) alongside these strategic moves; earlier in 2025, the Adani Group explored acquiring the company or its assets amid sector consolidation, though no transaction materialized as of late 2025.