JK Lakshmi Cement Opens Special Transfer Window for Physical Securities

2 min read     Updated on 02 May 2026, 06:56 PM
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JK Lakshmi Cement has issued an official notice announcing two key investor initiatives. The company opened a special one-year window for transfer and dematerialisation of physical securities purchased before April 1, 2019, running from February 5, 2026 to February 4, 2027. Additionally, the company launched the Second 100 Days Campaign "Saksham Niveshak" from April 1 to July 9, 2026, focusing on KYC updates and preventing transfer of unclaimed dividends to IEPF.

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JK Lakshmi Cement has announced two significant initiatives aimed at facilitating investor services and compliance requirements. The company issued a formal notice on May 1, 2026, outlining a special window for physical securities transfer and a comprehensive KYC update campaign.

Special Window for Physical Securities Transfer

Following SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, the company has opened a special window for transfer and dematerialisation of physical securities. This initiative addresses the needs of investors who purchased securities prior to April 1, 2019.

Parameter: Details
Window Period: February 5, 2026 to February 4, 2027
Eligible Securities: Physical securities sold/purchased prior to April 1, 2019
Transfer Mode: Mandatory demat credit only
Lock-in Period: One year from transfer registration date
Restrictions: No transfer, lien marking, or pledging during lock-in

The special window also accommodates transfer requests that were previously rejected, returned, or unattended due to document deficiencies or procedural issues. Transfer requests submitted after February 4, 2027 will not be accepted by the company or its Registrar and Transfer Agent (RTA).

Second 100 Days Campaign - "Saksham Niveshak"

JK Lakshmi Cement has initiated the Second 100 Days Campaign "Saksham Niveshak" running from April 1, 2026 to July 9, 2026. This campaign focuses on KYC updates and shareholder engagement to prevent transfer of unpaid or unclaimed dividends to the Investor Education and Protection Fund (IEPF).

Campaign Details: Information
Campaign Name: Second 100 Days Campaign "Saksham Niveshak"
Duration: April 1, 2026 to July 9, 2026
Target Shareholders: Those with unclaimed dividends or incomplete KYC
RTA Contact: MCS Share Transfer Agent Ltd.
Phone Numbers: 011-41406149 / 41406150 / 41406151
Email: admin@mcsregistrars.com

Shareholder Action Items

Shareholders are encouraged to take specific actions based on their holding patterns. Physical share holders should contact the company's RTA to complete transfer procedures and update KYC requirements including email addresses and bank account details. Demat share holders are advised to approach their respective Depository Participants for KYC updates. Shareholders with unclaimed dividends should write to the RTA to complete procedures as advised.

Company Contact Information

The company's RTA, MCS Share Transfer Agent Ltd., is located at 179-180, DSIDC Shed, 3rd Floor, Okhla Industrial Area, Phase - 1, New Delhi - 110020. Shareholders can access detailed procedures and SEBI circular information on the company's website at www.jklakshmicement.com under other filings with stock exchange section.

The notice was signed by Amit Chaurasia, Company Secretary, and published in Financial Express on May 1, 2026, ensuring wide dissemination of this important information to all stakeholders.

Historical Stock Returns for JK Lakshmi Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+1.75%+0.98%+17.62%-24.70%-15.52%+62.98%

How might the one-year lock-in period for transferred physical securities impact JK Lakshmi Cement's stock liquidity and trading volumes?

What potential challenges could arise if a significant number of shareholders fail to complete the transfer process before the February 2027 deadline?

Will other cement companies follow JK Lakshmi's approach to the SEBI circular, and how might this create industry-wide compliance trends?

JK Lakshmi Cement Limited received GST order imposing tax demand of ₹179.19 Lakhs and penalty for disallowed Input Tax Credit under Regulation 30 dated 01 May 2026

1 min read     Updated on 02 May 2026, 05:56 PM
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JK Lakshmi Cement Limited has disclosed receipt of a GST order from the Office of the Joint Commissioner of State Tax, Durg Division, Chhattisgarh, dated 30 April 2026. The order, issued under section 74 of the Goods and Services Tax Act, 2017, has raised a total demand of ₹391.84 Lakhs for the financial year 2023-24, comprising tax demand of ₹179.19 Lakhs, interest of ₹33.46 Lakhs, and penalty of ₹179.19 Lakhs. The demand follows the disallowance of Input Tax Credit by the GST Department. The company has stated it will file an appeal before the Appellate Authority and confirmed there is no material impact on its financial, operational, or other activities due to this order.

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JK Lakshmi Cement Limited has disclosed receipt of an order from the Office of the Joint Commissioner of State Tax, Durg Division, Chhattisgarh, dated 30 April 2026. The communication was received under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and pertains to an order issued under section 74 of the Goods and Services Tax Act, 2017.

Order Details

The GST order has raised a demand against the company for the financial year 2023-24. The order follows the disallowance of Input Tax Credit by the GST Department. The company has stated that it is in the process of filing an appeal before the Appellate Authority against the said order.

Component Amount
Tax Demand ₹179.19 Lakhs
Interest ₹33.46 Lakhs
Penalty ₹179.19 Lakhs
Total ₹391.84 Lakhs

Financial Impact and Company Response

According to the disclosure, there is no material impact on the financial, operational, or other activities of the company due to this order. The expected financial implications on the listed company have been stated as NIL. The company has confirmed that it will challenge the order through the appellate process.

The disclosure was made by Amit Chaurasia, Company Secretary of JK Lakshmi Cement Limited, in compliance with Regulation 30(13) of the SEBI Listing Regulations. The company has assured that the information provided in Form A is true, correct, and complete to the best of its knowledge and belief.

Historical Stock Returns for JK Lakshmi Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+1.75%+0.98%+17.62%-24.70%-15.52%+62.98%

What are the potential outcomes if JK Lakshmi Cement's appeal to the Appellate Authority is unsuccessful?

Could this GST order indicate broader compliance issues that might affect other cement companies in Chhattisgarh?

How might this GST dispute impact JK Lakshmi Cement's input tax credit strategies for FY 2024-25?

More News on JK Lakshmi Cement

1 Year Returns:-15.52%