JKCEMENTBSEJK Cement LtdMediumNeutral
Announced Sat, 23 May · 16:54 IST

1-Appointment of Dr. Sameer Sharma as an Additional (Non-executive Independent ) Director w.e.f May 23, 2026 for a term of 5 consecutive years subject to approval of Shareholders at AGM 2-Re-appointment ....

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JKCEMENT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.0%1-day move
₹5545.50
prior close
₹5546.50
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.6+0.3-0.0-4.0-4.5-6.8-5.7-9.3-11.4-4.2+0.2+3.4
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AI summary

JK Cement's Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The statutory auditors, S.R. Batliboi & Co. LLP, issued an unmodified (clean) opinion on the results. The Board recommended a final dividend of Rs. 20 per equity share (200%) for FY 2025-26, subject to shareholder approval at the 32nd AGM, to be paid within 30 days of the AGM. Dr. Sameer Sharma, a former Chief Secretary of Andhra Pradesh with nearly four decades of public administration experience, was appointed as an Additional Non-Executive Independent Director for a 5-year term w.e.f. May 23, 2026, subject to shareholder approval. Mr. Mudit Aggarwal was re-appointed for a second 5-year term as Independent Director w.e.f. August 14, 2026. The Board meeting lasted from 12:42 PM to 2:15 PM on May 23, 2026.

Likely market impact

The appointment of an experienced former government official as an independent director strengthens board governance. The clean audit opinion and recommended 200% dividend are positive signals for shareholders.