JK Cement Invests Rs 3,000 Crore in New Greenfield Plant in Jaisalmer

1 min read     Updated on 06 Sept 2025, 05:58 PM
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Overview

JK Cement Ltd. has begun construction of a new greenfield cement plant in Jaisalmer, Rajasthan, with an investment of approximately Rs 3,000 crores. The 525-acre facility is expected to be completed by early 2027, offering access to limestone reserves and proximity to key markets. The plant will incorporate waste heat recovery systems and create significant employment opportunities. JK Cement's current capacity includes 25.26 MTPA of Grey Cement and 3.05 MTPA of White Cement and Wall Putty, with operations across 15 Indian states.

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*this image is generated using AI for illustrative purposes only.

JK Cement Ltd. has embarked on an ambitious expansion project, commencing construction of a new greenfield cement plant in Jaisalmer, Rajasthan. The company is investing approximately Rs 3,000 crores in this state-of-the-art facility, signaling a significant boost to its production capabilities and commitment to meeting growing demand in key markets.

Project Details

The new plant is being built on a sprawling 525-acre site and is slated for completion by early 2027. This strategic location offers JK Cement two crucial advantages:

  1. Access to limestone reserves
  2. Proximity to high-demand markets in Rajasthan, Gujarat, and Haryana

Sustainability and Employment

In line with modern industrial practices, the plant will incorporate waste heat recovery systems, underscoring JK Cement's commitment to sustainability. The project is also expected to generate substantial employment opportunities, both direct and indirect, contributing to the local economy.

Management Perspective

Raghavpat Singhania, Managing Director of JK Cement, expressed optimism about the project, stating that the new plant will strengthen the company's production capabilities while creating valuable employment opportunities.

CEO Madhavkrishna Singhania emphasized the technological aspects of the expansion, describing it as an increase in production capacity featuring cutting-edge technology with a strong focus on sustainability.

Current Capacity

JK Cement's existing operations showcase its significant presence in the Indian cement industry:

Product Type Capacity (MTPA)
Grey Cement 25.26
White Cement and Wall Putty 3.05

The company currently has a presence across 15 states in India, highlighting its extensive market reach.

This new investment in Jaisalmer reinforces JK Cement's position as a major player in the Indian cement industry and demonstrates its commitment to growth, innovation, and sustainable practices in cement production.

Historical Stock Returns for JK Cement

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-0.35%+3.93%+1.89%+30.40%+53.66%+286.25%
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JK Cement Unveils Rs 4,805 Crore Expansion Plan and Announces Key Leadership Changes

2 min read     Updated on 25 Aug 2025, 03:32 PM
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Overview

JK Cement has approved a greenfield expansion plan to increase cement production capacity by 7 million tonnes per annum, with an investment of Rs 4,805.00 crores. The company also announced leadership changes, including the appointment of Ms. Bhumika Sood as the new Company Secretary and Compliance Officer from November 1, 2025, replacing Mr. Shambhu Singh who will retire. Additionally, Mr. Raghav Moreshwar Tare has been appointed as Group Financial Controller, while Mr. Neeraj Singhal has transitioned to Head of Internal Audit & Risk Compliance.

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*this image is generated using AI for illustrative purposes only.

JK Cement Ltd , a leading cement manufacturer in India, has announced a significant expansion plan and several key leadership changes, signaling a new phase of growth for the company.

Ambitious Expansion Plan

The Board of Directors of JK Cement has approved a greenfield expansion plan that will substantially increase the company's cement production capacity. The expansion includes:

  • A new cement line with a total capacity of 7 million tonnes per annum (MnTPA)
  • A 4 MnTPA clinkerisation unit in Jaisalmer, Rajasthan
  • A 3 MnTPA cement grinding facility in Jaisalmer, Rajasthan
  • Two split grinding units, each with a capacity of 2 MnTPA, to be established in Rajasthan and Punjab

The total investment for this ambitious expansion is estimated at Rs 4,805.00 crores. This move is expected to strengthen JK Cement's market position and cater to the growing demand for cement in the region.

Leadership Transitions

Alongside the expansion announcement, JK Cement has revealed several key changes in its leadership team:

Company Secretary Transition

  • Mr. Shambhu Singh, who has served as the Company Secretary and Compliance Officer for over 17 years, will retire effective October 31, 2025.
  • Ms. Bhumika Sood, currently the Deputy Company Secretary, will take over as the new Company Secretary and Compliance Officer from November 1, 2025.

Financial Leadership Changes

  • Mr. Raghav Moreshwar Tare has been appointed as Group Financial Controller and designated under Senior Management, effective August 1, 2025.
  • Mr. Neeraj Singhal, previously the Group Financial Controller, has transitioned to the role of Head - Internal Audit & Risk Compliance from August 1, 2025. Due to the independent nature of this role, he has been removed from the Senior Management Personnel category.

New Company Secretary Profile

Ms. Bhumika Sood, the incoming Company Secretary, brings a wealth of experience to her new role. She is a qualified Company Secretary and Law graduate with a specialization in Intellectual Property Rights. Ms. Sood also holds an MBA in Finance and has over 20 years of experience in core secretarial, regulatory, and compliance functions. Her expertise spans various areas, including:

  • Public issues (IPOs)
  • ESOPs
  • Corporate restructuring
  • Domestic and cross-border mergers and acquisitions

Prior to joining JK Cement, Ms. Sood has worked with prominent organizations such as Bharti Airtel, Spice group, and Vedanta Group. She has also served as the Company Secretary and Compliance Officer (KMP) of Schneider Electric Infrastructure Limited.

These strategic moves by JK Cement, combining significant capacity expansion with key leadership changes, demonstrate the company's commitment to growth and operational excellence in the competitive cement industry.

Historical Stock Returns for JK Cement

1 Day5 Days1 Month6 Months1 Year5 Years
-0.35%+3.93%+1.89%+30.40%+53.66%+286.25%
JK Cement
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