Three promoter group entities associated with jk cement have made identical share acquisitions through open market transactions. The Nidhipati Singhania Family Trust, Raghavpat Singhania Family Trust, and Madhavkrishna Singhania Family Trust each acquired 100 equity shares of JK Cement Limited on March 19, 2026.

Regulatory Disclosures

All three family trusts filed mandatory disclosures with the Bombay Stock Exchange Limited and National Stock Exchange of India Limited on March 21, 2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosures were submitted from their registered office at Kamla Tower, Kanpur.

Transaction Details

Each family trust executed identical transactions with the following specifications:

Company Share Capital Structure

JK Cement Limited maintains a total equity share capital of Rs. 77,26,82,510/-, which equals the total voting capital. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited. Despite the acquisitions by the three family trusts, the percentage holding remains at 0.00% due to the relatively small number of shares acquired compared to the total share capital.

Promoter Group Status

All three acquiring entities - Nidhipati Singhania Family Trust, Raghavpat Singhania Family Trust, and Madhavkrishna Singhania Family Trust - belong to the promoter group of JK Cement Limited. The trusts operate from the same registered office location and maintain similar corporate structures.

Compliance Framework

The acquisitions fall under the purview of SEBI's substantial acquisition regulations, requiring mandatory disclosure to stock exchanges. Each trust confirmed that the total share capital equals total voting rights, with no convertible securities or warrants outstanding that would affect the diluted share capital calculation.

JK Cement Limited announced a significant capacity expansion at its Muddapur plant in Karnataka. The company successfully increased its cement grinding capacity by 1.00 MnTPA through strategic debottlenecking and optimization of existing production systems, demonstrating operational efficiency without requiring new facility construction.

Capacity Enhancement Through Operational Excellence

The expansion at JK Cement Works, Muddapur has increased the plant's cement grinding capacity from 3.50 MnTPA to 4.50 MnTPA while maintaining its clinker capacity at 2.64 MnTPA. This capacity addition was achieved entirely through improving existing operations rather than building new facilities.

Strategic Implementation and Cost Efficiency

The capacity enhancement was accomplished through debottlenecking and optimization of the existing production system rather than capital-intensive new facility construction. This approach demonstrates operational efficiency and cost-effective capacity expansion strategies, allowing the company to maximize returns on existing infrastructure investments.

Overall Production Capacity Impact

Following this expansion, JK Cement Limited's overall grey cement production capacity has reached 32.26 MnTPA. This figure includes the capacity of the company's subsidiary companies, reflecting the consolidated production capability across the group's operations and strengthening the company's position in the Indian cement industry.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Schedule III, Part A Para A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that disclosures in the prescribed format of SEBI Master Circular were not applicable for this expansion.

The capacity addition showcases JK Cement's ability to enhance production capabilities through operational optimization, demonstrating efficient resource utilization and strategic growth without requiring greenfield investments.