JK Cement Limited has informed the Exchange about General Updates on Acquisition

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JKCEMENT · price

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Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹5870.00

prior close

₹5784.00

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+1.0%-2.6% vs market

Cement & Cement Products peers, median of 34sector+1.0%-2.7% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Midcap 150 and 2.7 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+1.0-2.6+1.0-2.7

Next day

-1.9+1.0-2.9+1.5-3.3

+1.7+0.7+1.0+1.2+0.6

+2.4-0.8+3.2-0.2+2.5

+3.7-1.2+4.9-0.7+4.4

+1.9-0.4+2.3-1.0+2.9

-0.2-1.5+1.4-1.3+1.1

15d

+4.5+1.4+3.1+3.5+1.0

+8.5+0.9+7.7+3.8+4.8

+18.4-3.2+21.6+3.6+14.8

+14.0-1.8+15.9+7.0+7.1

UpDownMarket · Nifty Midcap 150Sector · Cement & Cement Products peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

JK Cement has informed the exchanges about a minor correction to its earlier announcement dated 6th June 2025 regarding the acquisition of Saifco Cements Pvt. Ltd. The company is acquiring 60% equity shareholding from existing shareholders of Saifco, along with a fresh issue of shares by Saifco. The consideration paid for the 60% stake has been corrected to Rs. 149.79 Crores (from the earlier mistakenly stated Rs. 149.81 Crores). This is a typographical correction and does not change the substance of the deal.

Likely market impact

No material change for shareholders — this is purely a correction of a small numerical typo in a previously disclosed acquisition. The Rs. 0.02 Crore difference is negligible and does not alter the deal's economics or strategic significance.