The Meghalaya Cabinet has approved the closure of state-owned Meghalaya Cherra Cement Limited (MCCL), authorising the write-off of INR 24.43 crore in outstanding sales tax and royalty dues. Announced on 13 October 2026, the decision follows unsuccessful efforts to revive the loss-making cement company. With employee dues settled, the move clears a key step towards the formal winding-up of MCCL.
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