JSWCEMENTNSEJSW Cement LimitedMediumPositive
Announced Thu, 19 Mar · 23:10 IST

In compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a press release dated 19th March 2026, titled as JSW CEMENT EXPANDS ITS FOOTPRINT WITH FORAY INTO NORTH INDIA .

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JSWCEMENT · price

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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹115.25
prior close
₹116.98
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AI summary

JSW Cement has started production at its new greenfield integrated cement plant in Nagaur, Rajasthan, marking its first facility in North India. The plant has a 3.30 MTPA clinkerisation unit and a 2.50 MTPA cement grinding unit, with an additional 1.00 MTPA grinding unit under construction. With this commissioning, the company's total cement grinding capacity rises to 24.1 MTPA and clinker capacity to 9.74 MTPA. The project was part-funded by ₹800 crore from the company's IPO fresh issue proceeds and was executed in 21 months. The plant will serve the high-growth markets of Rajasthan, Haryana, Punjab, and the NCR region, and includes sustainability features like a 7 km overland belt conveyor and an upcoming 16 MW Waste Heat Recovery System.

Likely market impact

This is a positive capacity-expansion milestone that strengthens JSW Cement's pan-India presence and moves it closer to its stated 41.85 MTPA target by FY29, which could support future revenue growth. For shareholders, it signals execution capability and geographic diversification, though near-term impact on stock price may be limited as the expansion was largely anticipated since the IPO.