JKCEMENT · price
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Awaiting price reaction for this filing.
JK Cement's Board approved the audited standalone and consolidated financial results for Q4 and FY ended 31 March 2025. The Board recommended a dividend of Rs. 15 per share (150%) for FY25, with the record date set as 8 July 2025 and AGM on 18 July 2025. The statutory auditors (SR Batliboi & Co LLP) issued an unmodified (clean) opinion on the results. Re-appointment of Mr. Paul Heinz Hugentobler as Non-Executive, Non-Independent Director was recommended, and Sanjay Grover & Associates was appointed as Secretarial Auditor for 5 years. The outcome was revised because the proposed Rs. 500 crore NCD private placement was already covered under the existing Rs. 12,000 crore shareholder-approved borrowing limit, making a separate resolution unnecessary.
Shareholders get a healthy 150% dividend (Rs. 15/share) with payment by 14 August 2025. A clean audit opinion reinforces confidence in the financials, though the detailed numbers are not in this filing.