JK Cement Limited has filed its quarterly certificate for Commercial Paper utilization for the quarter ended March 31, 2026, confirming the redemption of Rs 225 crore worth of Commercial Papers without any new issuances during the period.

Commercial Paper Redemptions

The company redeemed four Commercial Papers totaling Rs 225 crore during the quarter ended March 31, 2026. All redemptions were completed as per scheduled maturity dates with no defaults or delays reported.

Compliance and Utilization

The certificate, issued by Deputy Managing Director and CFO Ajay Kumar Saraogi, confirms that all Commercial Paper proceeds were utilized for working capital purposes as disclosed in the offer document. The company has adhered to all conditions specified in the offer document and Commercial Paper issuance directions.

Financial Status and Asset Classification

JK Cement maintained its standard asset classification for fund-based facilities from banks and financial institutions throughout the quarter. The company reported no material changes in its financial status that could adversely affect the credit rating of Commercial Papers.

Regulatory Compliance

The quarterly certificate was submitted to BSE Limited in compliance with Chapter XVII of the SEBI Master Circular no. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025. Company Secretary and Compliance Officer Bhumika Sood signed the submission letter on April 9, 2026.

The company confirmed that Commercial Papers were not invested by related parties in either primary or secondary markets as per the list of beneficial owners, ensuring compliance with regulatory requirements.

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:

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.