JK Cement Limited Files SEBI Compliance Certificate for Quarter Ended March 31, 2026

1 min read     Updated on 09 Apr 2026, 12:19 PM
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JK Cement Limited has submitted its quarterly certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, reporting dematerialization of 1647 equity shares with no rematerialization activity. The certificate, issued by NSDL Database Management Limited and filed with BSE and NSE on April 9, 2026, confirms compliance with depository regulations and proper processing of share transfers within prescribed timeframes.

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JK Cement Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was submitted to both BSE Limited and National Stock Exchange of India Limited on April 9, 2026, through the company's Company Secretary and Compliance Officer, Bhumika Sood.

Regulatory Compliance Certificate Details

The certificate, dated April 6, 2026, was issued by NSDL Database Management Limited, which serves as the Registrar and Transfer Agent (RTA) for JK Cement Limited. This submission fulfills the mandatory quarterly reporting requirement under SEBI regulations for companies with listed securities.

Dematerialization Activity Summary

During the quarter ended March 31, 2026, JK Cement Limited processed dematerialization requests for its equity shares across two major depositories. The following table presents the detailed breakdown of dematerialization and rematerialization activity:

Depository: Shares Dematerialized Shares Rematerialized
National Securities Depository Ltd (NSDL): 1063 Nil
Central Depository Services (India) Ltd (CDSL): 584 Nil
Total Shares: 1647 Nil

Compliance Confirmation

NSDL Database Management Limited confirmed that all securities received from depository participants for dematerialization during the quarter were processed within the prescribed timeframe. The certificate validates that:

  • All dematerialization requests were duly verified and processed
  • Security certificates received for dematerialization were properly mutilated and cancelled
  • The depositories' names were substituted in company records as registered owners within the mandated 21-day period
  • Securities comprised in the certificates remain listed on stock exchanges where earlier issued securities are traded

Corporate Information

JK Cement Limited operates with its corporate office located at Prism Tower, Ninaniya Estate, Gwal Pahari, Gurugram, Haryana, while maintaining its registered office in Kanpur, Uttar Pradesh. The company maintains an extensive manufacturing presence across multiple states including Rajasthan, Karnataka, Haryana, Madhya Pradesh, Uttar Pradesh, Gujarat, Bihar, and an international facility in Fujairah.

This quarterly filing demonstrates JK Cement Limited's continued adherence to SEBI's regulatory framework governing depository operations and participant regulations, ensuring transparency in share transfer and dematerialization processes.

Historical Stock Returns for JK Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+3.26%+10.62%+13.13%-13.09%+17.09%+91.24%

What factors might be driving the increased dematerialization activity of 1,647 shares during Q4 2026 for JK Cement?

How could JK Cement's expansion across multiple states and international presence in Fujairah impact its future quarterly compliance patterns?

Will the trend toward complete dematerialization (zero rematerialization) continue in subsequent quarters across the cement industry?

Sri Chakra Cement Sells Non-Operational Assets to JK Cement for ₹8.08 Crores

2 min read     Updated on 27 Mar 2026, 07:24 PM
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Sri Chakra Cement Limited announced the disposal of its non-operational grinding unit and land parcels to JK Cement Limited for ₹8.08 crores. The board approved this asset rationalization strategy on March 26, 2026, involving 7.08 acres of agricultural land in Vizianagaram, Andhra Pradesh. The transaction is subject to due diligence and customary conditions, with completion expected within 30 days.

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Sri Chakra Cement Limited has announced the disposal of its non-operational cement grinding assets and land parcels to JK Cement Limited for ₹8.08 crores. The board of directors approved this strategic asset sale on March 26, 2026, as part of the company's rationalization and monetization of non-core assets.

Transaction Overview

The asset disposal involves the sale of cement grinding plant and machinery along with agricultural land parcels located in Vizianagaram, Andhra Pradesh. The grinding unit has been non-operational and is not contributing to the company's current business operations.

Parameter: Details
Total Consideration: ₹8.08 crores
Buyer: JK Cement Limited
Board Approval Date: March 26, 2026
Agreement Date: March 27, 2026
Location: Vizianagaram, Andhra Pradesh

Asset Details

The transaction includes the disposal of plant and machinery from Sri Chakra Cement's grinding unit along with 7.08 acres of agricultural land. The land is situated in Survey Numbers 496-A and 495-2A in village Annamrajupeta, Jami Mandal, Vizianagaram, Andhra Pradesh.

Asset Type: Specification
Plant & Machinery: Cement grinding unit (non-operational)
Land Area: 7.08 acres
Land Classification: Agricultural land
Survey Numbers: 496-A and 495-2A
Village: Annamrajupeta, Jami Mandal

Buyer Information

JK Cement Limited, the acquiring company, is an existing entity under the Companies Act, 2013, with CIN L17229UP1994PLC017199. The company's registered office is located at Kamla Tower, 29/1, Dwarikadheesh Road, Kanpur, Uttar Pradesh. The buyer does not belong to Sri Chakra Cement's promoter or promoter group and is not related to any directors or key managerial personnel.

Transaction Terms

The sale is subject to completion of customary conditions precedent and due diligence by the purchaser. The transaction is expected to be completed within 30 days of satisfaction of the conditions precedent, subject to the purchaser being satisfied with the due diligence outcomes. The consideration amount is subject to adjustment and fulfillment of conditions as per the respective agreements.

Condition: Status
Due Diligence: To be completed by purchaser
Conditions Precedent: Customary conditions to be fulfilled
Expected Completion: Within 30 days of conditions satisfaction
Related Party Transaction: Not applicable

Sri Chakra Cement has confirmed that the proposed transaction will not have any material impact on the company's ongoing operations and does not constitute the sale of an undertaking or substantially the whole undertaking under Section 180(1)(a) of the Companies Act, 2013.

Historical Stock Returns for JK Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+3.26%+10.62%+13.13%-13.09%+17.09%+91.24%

How will Sri Chakra Cement utilize the ₹8.08 crores proceeds from this asset sale in its core business operations?

Does this transaction signal JK Cement's broader expansion strategy in the Andhra Pradesh cement market?

What other non-core assets might Sri Chakra Cement consider monetizing as part of its ongoing rationalization strategy?

More News on JK Cement

1 Year Returns:+17.09%