JK Lakshmi Cement Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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Awaiting price reaction for this filing.
JK Lakshmi Cement Limited has informed the exchanges that it has entered into a Power Purchase Agreement (PPA) and a Share Purchase & Shareholders' Agreement with Ampin C&I Power Four Private Limited. As part of this arrangement, the company has acquired a 26% equity shareholding in Ampin C&I Power Four. The purpose is to source solar power under India's captive power framework, helping the company meet part of its electricity needs through renewable energy. This is an update to an earlier disclosure made on 22nd May 2025. The move is aimed at securing long-term, cost-effective green power for the company's cement manufacturing operations.
Positive for shareholders in the medium to long term, as captive solar power should help reduce electricity costs and support sustainability goals. The 26% minority stake is unlikely to move the stock materially, but it signals a strategic step toward energy self-sufficiency and lower carbon intensity.