JK Cement Limited has informed the Exchange about Capacity Expansion.
JKCEMENT · price
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JK Cement's Board has approved a major greenfield capacity expansion of 7 Million Tonnes Per Annum (MnTPA), comprising a 4 MnTPA clinkerisation unit and 3 MnTPA cement grinding unit at Jaisalmer, Rajasthan, along with two split grinding units of 2 MnTPA each in Rajasthan and Punjab. The total proposed investment is estimated at Rs. 4,805 Crores. Separately, Company Secretary Mr. Shambhu Singh will superannuate on 31st October 2025 after 17+ years, and Ms. Bhumika Sood will take over as Company Secretary and Compliance Officer from 1st November 2025. Internal finance team restructuring was also announced, with Mr. Raghav Moreshwar Tare joining Senior Management and Mr. Neeraj Singhal moving to Head of Internal Audit & Risk Compliance.
This is a significant capacity addition of roughly 50%+ over current levels, which supports long-term growth and market share ambitions but will require large capital outlay and likely increase debt on the balance sheet, potentially weighing on near-term returns and stock sentiment.