JK Cement has fixed July 10, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹20 per share for the financial year 2025-26. The dividend amounts to 200% of the face value of equity shares, which is ₹10 each. This decision was recommended by the Board of Directors, subject to shareholder approval at the ensuing Annual General Meeting. The company will undertake a book closure from July 11, 2026, to July 17, 2026, for the purpose of the 32nd Annual General Meeting and the dividend payment.

In accordance with the provisions of the Income Tax Act, 2025, dividend income is taxable in the hands of shareholders, and the company is required to deduct tax at source (TDS) at applicable rates. To enable the company to apply the correct rate of TDS, shareholders are requested to submit relevant documents on or before Monday, July 6, 2026. The prescribed forms and declarations are available on the company's website and must be submitted to the Registrar and Transfer Agent, NSDL Database Management Limited.

Corporate Action Details

The following table outlines the key dates and dividend details announced by the company:

Tax Deduction at Source (TDS) Guidelines

The company has specified TDS rates for different categories of shareholders. For resident individuals, TDS will be deducted at 10% if the dividend exceeds ₹10,000 and a valid PAN is available. No TDS will be deducted if the aggregate dividend does not exceed ₹10,000 or if a valid Form 121 is submitted. A higher TDS rate of 20% applies if the PAN is not available, invalid, or inoperative.

Resident non-individual shareholders, such as insurance companies and mutual funds, may be eligible for lower or nil withholding upon submission of specific declarations and supporting documents. Non-resident shareholders are generally subject to withholding tax at 20% plus surcharge and cess, unless they provide documents to claim benefits under the applicable Double Taxation Avoidance Agreement (DTAA). Shareholders must ensure their PAN, bank account, and KYC details are updated to facilitate direct credit of dividend.

JK Cement has executed a mining lease for the Mahan Underground Coal Mine, located in Madhya Pradesh. This development marks a significant step in the company's strategy to secure captive coal resources for its operations.

Mining Lease Details

The following table outlines the key parameters of the executed mining lease:

Strategic Significance

The execution of a mining lease for an underground coal mine in Madhya Pradesh represents a notable corporate development for JK Cement. Access to a captive coal source through such an arrangement can play a meaningful role in supporting the company's fuel requirements for its manufacturing operations. Underground coal mines are recognized for their distinct operational characteristics compared to open-cast mining, and the Mahan mine's location in Madhya Pradesh — a state with established coal reserves — adds to the relevance of this agreement for the company's resource base.