JK Cement Limited has informed the Exchange about General UpdatesUpdate on the intimation submitted on March 17, 2026, regarding issue of Notice to JK Cement Saifco Pvt Ltd. a Subsidiary Company under Legal Metrology Act. Matter has been compounded vide order passed by the Deputy Controller Legal Metrology Department, UT of Jammu and Kashmir
JKCEMENT · price
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JK Cement's subsidiary, JK Cement Saifco Private Limited, had received a notice under the Legal Metrology Act, 2009 from the Deputy Controller Legal Metrology Department in Jammu & Kashmir. The subsidiary applied for compounding of the offense, and the department passed an order compounding (settling) the matter upon payment of Rs. 1,00,000 (₹1 lakh) as compounding fees, along with release of the seizure memo. The company has confirmed there is no material financial impact on JK Cement Limited. The matter, originally intimated on March 17, 2026, is now closed with the order received on March 18, 2026.
Minimal impact for shareholders — the penalty is a nominal Rs. 1 lakh at the subsidiary level with no material financial or operational impact on JK Cement. The matter is fully settled and unlikely to affect the stock price.