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The Company is engaged in the manufacturing and selling of Cement and Cement related products with over 4 decades of experience in cement manufacturing. It is an affiliate of the multi-disciplinary industrial conglomerate JK Organisation.
JK Cement received favorable appeal orders on two GST demands. Initial demands totaling ~Rs 10.28 Cr were largely reduced to ~Rs 0.12 Cr (incl. penalties). The company expects no major financial impact and plans to further appeal remaining dues.
JK Cement's subsidiary, JK Maxx Paints, received a GST order. A large demand was dropped, but Rs 49,512 tax & Rs 20,000 penalty confirmed. Company sees no major financial impact & will appeal.
JK Cement is now the preferred bidder for the Gilund Limestone Block (370.96 hectares) in Rajasthan, secured via e-auction. This strategic acquisition significantly enhances raw material security for its cement manufacturing operations.
JK Cement Limited has informed the Exchange about execution of mining lease of Mahan Coal mine.
JK Cement is transferring long-unclaimed dividends and corresponding shares to the Investor Education and Protection Fund. Affected shareholders should contact the RTA to claim their dues before transfer. Update KYC details for seamless service.