JK Cement appoints Dr. Sameer Sharma and re-appoints Mr. Mudit Aggarwal as Independent Directors at 32 AGM

J K Cement Limited appointed Dr. Sameer Sharma and re-appointed Mr. Mudit Aggarwal as Independent Directors at its 32nd Annual General Meeting held on July 17, 2026. The meeting, conducted via video conferencing, approved these board changes alongside the ratification of cost auditors' remuneration. Dr. Sharma's appointment is effective from May 23, 2026, for a term of five consecutive years, while Mr. Aggarwal's re-appointment commences on August 14, 2026, for his second and final term of five years.

Director Appointments

Dr. Sameer Sharma (DIN: 02749958) joins the board as a Non-Executive Independent Director. He brings nearly four decades of experience in public administration and governance, having served as Chief Secretary to the Government of Andhra Pradesh during 2021-22. His term runs until May 22, 2031. Mr. Mudit Aggarwal (DIN: 07374870) was re-appointed as a Non-Executive Independent Director for a second term effective immediately after the expiry of his current term on August 13, 2026. His tenure extends until August 13, 2031.

Director	Date of Appointment	Term	Role
Dr. Sameer Sharma	May 23, 2026	5 years (till May 22, 2031)	Non-Executive Independent Director
Mr. Mudit Aggarwal	August 14, 2026	5 years (till August 13, 2031)	Non-Executive Independent Director

Meeting Details

The AGM commenced at 11:00 A.M. IST and concluded at 12:20 P.M. IST. Shareholders ratified the remuneration payable to M/s. K.G. Goyal & Company, Cost Auditors, for the financial year ending March 31, 2027. The filing confirms that neither director is debarred from holding office by the Securities and Exchange Board of India or any other authority.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.76%	+5.53%	+3.36%	-3.96%	-11.81%	+79.03%

Funds managed by FMR LLC and FIL Limited have increased their shareholding in JK Cement Ltd to 9.17% through open market transactions. The acquisition involved the purchase of 1,654,961 shares, representing a 2.14% stake, between September 1, 2023, and July 8, 2026. Prior to this transaction, the acquirers held a 7.03% stake, or 5,432,682 shares, in the company.

The acquisition was executed via the open market route. Following the purchase, the total holding of the acquirers and Persons Acting in Concert (PAC) stands at 7,087,643 shares. The entities involved are not part of the promoter or promoter group of JK Cement Ltd. The total equity share capital of the target company remains at 77,268,251 shares.

Breakdown of Holdings

The total holding is distributed across various funds under the management of FMR LLC and its direct and indirect subsidiaries, as well as FIL Limited and its direct and indirect subsidiaries. The Fidelity Advisor Focused Emerging Markets Fund holds the largest individual stake among the disclosed entities.

Fund	FPI	Shares Held	% of Shares and Voting Rights Held
Fidelity Advisor Focused Emerging Markets Fund	INUSFP284216	2,495,998	3.23
Fidelity Series Emerging Markets Opportunities Fund - Materials Sub	INUSFP319616	1,009,121	1.31
Strategic Advisers Fidelity Emerging Markets Fund - FIAM Concentrated Emerging Markets Subportfolio	INUSFP049219	1,035,400	1.34
Fidelity Emerging Markets	INCAFP168816	909,800	1.18
FIAM Emerging Markets Opportunities Commingled Pool - Materials Sub	INUSFP026720	298,376	0.39
Strategic Advisers Emerging Markets Fund - FIAM Concentrated Emerging Markets Subportfolio	INUSFP085116	308,874	0.40
VIP Emerging Markets Portfolio	INUSFP307316	308,330	0.40
Fidelity Emerging Markets Equity Central Fund - Materials Sub	INUSFP328816	109,698	0.14
Minnesota SBI - Emerging Markets Equity Account	INUSFP057825	119,100	0.15
Fidelity Total International Equity Fund - Emerging Mkts Sub	INUSFP308416	97,748	0.13
Public Institution for Social Security - Concentrated Emerging Markets	INKUPF071123	83,400	0.11
NVIT Fidelity Institutional AM Emerging Markets Fund	INUSFP039417	79,600	0.10
FIAM Emerging Markets Commingled Pool	INUSFP270616	74,907	0.10
Fidelity Institutional AM Total International Equity (GG Trust) - Emerging Mkts Sub	INUSFP097825	44,968	0.06
Fidelity Emerging Markets Equity Multi-Asset Base Fund - Materials	INCAFP136916	32,240	0.04
Fidelity Emerging Markets Opportunities Institutional Trust - Materials Subportfolio	INCAFP027720	28,834	0.04
Fidelity Concentrated Emerging Markets Fund	INIRFP017023	13,233	0.02
NRRIT-Emerging Markets Equity Small Cap Portfolio	INUSFP006016	16,826	0.02
Fidelity Fundamental Emerging Markets ETF	INUSFP053725	3,884	0.01
Northern Trust Investments - Active M Emerging Markets Equity	INUSFP246215	10,516	0.01
FIAM Emerging Markets Equity Small Cap Commingled Pool	INUSFP241015	5,229	0.01
Fidelity Fundamental Global ex US ETF	INUSFP086125	1,561	0.002
Total		7,087,643	9.17

The regulatory filing was submitted to the National Stock Exchange of India Ltd and BSE Ltd. Alina Yu, Regulatory Reporting Manager, signed the disclosure on behalf of the acquirers on July 10, 2026.