JK Lakshmi Cement declares ₹6.50 dividend, record date July 17, 2026

0 min read     Updated on 02 Jul 2026, 05:04 AM
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JK Lakshmi Cement has declared a dividend of ₹6.50 per equity share, or 130% of the face value of ₹5, for the financial year ended March 31, 2026. The company has set July 17, 2026, as the record date to determine shareholder eligibility. The dividend will be paid within three to four weeks following the Annual General Meeting.

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jk lakshmi cement has announced a dividend of ₹6.50 per equity share for the financial year ended March 31, 2026. The company has fixed Friday, July 17, 2026, as the record date to determine the eligibility of members for this payout. The dividend represents 130% of the face value of ₹5 per share.

The payout will be disbursed within three to four weeks after the conclusion of the Annual General Meeting (AGM). Shareholders whose names appear in the Register of Members on the record date, or those holding shares in dematerialised form as per the beneficial ownership details provided by depositories, will receive the dividend.

Dividend Details

Particulars Details
Dividend per share ₹6.50
Face value ₹5
Dividend percentage 130%
Financial year FY26
Record date July 17, 2026

The announcement was made in compliance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted by Amit Chaurasia, Company Secretary of JK Lakshmi Cement Ltd.

Historical Stock Returns for JK Lakshmi Cement

1 Day5 Days1 Month6 Months1 Year5 Years
-0.25%-3.28%-0.82%-26.78%-38.98%-0.21%

How will this dividend payout impact JK Lakshmi Cement's cash flow and capital expenditure plans for FY27?

What are the expectations for JK Lakshmi Cement's earnings growth in the upcoming fiscal year following this dividend announcement?

How might this dividend decision influence investor sentiment and stock performance in the short term?

JK Lakshmi Cement wins GST appeal for FY 2019-20

1 min read     Updated on 13 Jun 2026, 04:24 AM
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JK Lakshmi Cement Limited announced that the GST appellate authority has ruled in its favour for FY 2019-20, setting aside a total tax demand of Rs. 1626.41 Lakhs. The Office of the Additional Commissioner (Appeal) of State Tax, Chhattisgarh, issued an order on June 11, 2026, overturning the earlier demand raised by the Office of the Joint Commissioner of State Tax, Durg Division, Chhattisgarh.

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JK Lakshmi Cement Limited announced that the GST appellate authority has ruled in its favour for FY 2019-20, setting aside a total tax demand of Rs. 1626.41 Lakhs. The Office of the Additional Commissioner (Appeal) of State Tax, Chhattisgarh, issued an order on June 11, 2026, overturning the earlier demand raised by the Office of the Joint Commissioner of State Tax, Durg Division, Chhattisgarh.

The company had previously received orders on August 29, 2024, and August 30, 2024, which raised a demand involving tax, interest, and penalty. The appellate decision removes this financial liability, resulting in no expected financial implications for the company.

Breakdown of Original Demand

The original demand contested by the company included significant components for tax, interest, and penalty related to the Reverse Charge Mechanism (RCM) and Input Tax Credit.

Component Amount (Rs.)
Tax 879.15 Lakhs
Interest 659.35 Lakhs
Penalty 87.91 Lakhs

The dispute primarily concerned the application of the Reverse Charge Mechanism on inter-state purchases on a pro-rata basis, disallowance of Input Tax Credit, and certain other matters. Following the company's challenge, the appellate authority accepted the arguments, leading to the demand being set aside.

The disclosure was submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for JK Lakshmi Cement

1 Day5 Days1 Month6 Months1 Year5 Years
-0.25%-3.28%-0.82%-26.78%-38.98%-0.21%

Will this favorable ruling set a precedent for JK Lakshmi Cement's other pending GST litigations?

How will the company utilize the liquidity previously provisioned for this Rs. 16.26 crore liability?

Does this decision signal a broader shift in how state authorities interpret Reverse Charge Mechanism applications?

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