JK Cement saw a reduction in institutional holding as Kotak Mahindra Mutual Fund (KMMF) disposed of 304,671 equity shares through open market transactions. The sale, executed on October 1, 2026, lowered the mutual fund's stake in the cement manufacturer to 2.7992% of total voting capital.

The disclosure was filed with BSE Limited on October 6, 2026, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this transaction, KMMF held 2,467,528 shares, representing a 3.1935% stake in the company. The current disposal marks a change in holding since the last reporting date of September 6, 2023.

Stakeholding details

The transaction involved only shares carrying voting rights, with no warrants or convertible securities affected. The total diluted share capital of JK Cement remained unchanged at 77,268,251 equity shares of ₹10 each before and after the sale.

Regulatory compliance

The filing was signed by Jolly Bhatt, Compliance Officer for Kotak Mahindra Asset Management Company Limited, the investment manager for Kotak Mahindra Mutual Fund. The document confirms that the acquirer does not belong to the promoter or promoter group. The mode of sale was specified as open market, with no inter-se transfers or preferential allotments involved in this specific disclosure.

JK Cement will host analysts and institutional investors on August 13, 2026, as part of the Equirus Annual India Conference 2026. The management team will engage in one-on-one and group discussions to address investor queries regarding the company’s operations and strategic outlook. This engagement provides stakeholders with a direct channel to discuss performance metrics and future plans, though the company has clarified that no unpublished price-sensitive information will be disclosed during the session.

The meeting is scheduled for 11:00 AM IST and will be held physically at the Sofitel BKC in Mumbai. Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, JK Cement Limited issued this intimation to ensure transparency and compliance with listing norms. The disclosure was submitted to both the Bombay Stock Exchange and the National Stock Exchange of India Ltd.

Meeting Details

Compliance Notes

The date of the meeting is subject to change due to exigencies on the part of investors or the company. Investors are advised to monitor official communications for any updates. The full details of the intimation are available on the company’s website.

Bhumika Sood, Company Secretary & Compliance Officer of JK Cement Limited, signed the disclosure on August 06, 2026. The filing confirms adherence to regulatory requirements for investor communication.