JK Cement Unveils Rs 4,805 Crore Expansion Plan and Announces Key Leadership Changes
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.59% | -4.87% | +7.26% | +51.90% | +56.32% | +364.49% |
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