JKCEMENTNSEJK Cement Limited· Cement And Cement ProductsMediumNeutral
Announced Fri, 15 Aug · 13:19 IST

JK Cement Limited has informed the Exchange about appointment of Company secretary.

Management Changes View source PDF

JKCEMENT · price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

JK Cement's board approved a major greenfield cement expansion of 7 Million Tonnes Per Annum (MnTPA) capacity — a 4 MnTPA clinkerisation unit and 3 MnTPA cement grinding unit at Jaisalmer, Rajasthan, plus two split grinding units of 2 MnTPA each in Rajasthan and Punjab. Total investment is estimated at Rs. 4,805 Crores. Long-serving Company Secretary Shambhu Singh will superannuate on 31st October 2025 after 17+ years, and will be replaced by current Deputy Company Secretary Bhumika Sood effective 1st November 2025. Additionally, Raghav Moreshwar Tare was designated as Senior Management, while Neeraj Singhal moved from Group Financial Controller to Head – Internal Audit & Risk Compliance.

Likely market impact

The Rs 4,805 Cr capex announcement signals aggressive capacity expansion to capture growing cement demand, which could pressure short-term returns on capital but supports long-term volume growth. The Company Secretary transition is a planned succession and unlikely to materially affect operations.