JK Cement Limited has informed the Exchange about appointment under Senior Management of the Company w.e.f 01.08.2025
JKCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
JK Cement's board approved a major greenfield expansion of 7 MnTPA cement capacity, comprising a 4 MnTPA clinkerisation unit and 3 MnTPA grinding unit at Jaisalmer (Rajasthan), plus two split grinding units of 2 MnTPA each in Rajasthan and Punjab, at a total investment of Rs. 4,805 Crores. Long-serving Company Secretary Mr. Shambhu Singh will superannuate on 31st October 2025 after 17+ years, and will be succeeded by Ms. Bhumika Sood (currently Deputy Company Secretary) effective 1st November 2025. Mr. Raghav Moreshwar Tare was designated under Senior Management as Group Financial Controller from 1st August 2025, while Mr. Neeraj Singhal moved from Group Financial Controller to Head – Internal Audit & Risk Compliance and was removed from Senior Management to maintain independence.
The Rs. 4,805 Crore capex is a significant growth move, adding roughly 40% to current capacity and supporting long-term volume and market share gains, though it raises leverage and execution risk. The Company Secretary change is a planned, orderly succession with no disruption expected.