J.K. Cement Limited Schedules Board Meeting on May 23, 2026 to Consider Q4 FY26 Results and Dividend

J.K. Cement Limited has notified the stock exchanges of an upcoming Board of Directors meeting scheduled for Saturday, May 23, 2026. The intimation, filed under Regulation 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was submitted to both BSE Ltd and the National Stock Exchange of India Ltd on May 13, 2026.

Board Meeting Agenda

The Board of Directors will convene to consider and approve key matters pertaining to the company's financial performance and shareholder returns. The following items are on the agenda for the meeting:

Agenda Item: Details Financial Results: Audited standalone and consolidated results for Q4 and year ended March 31, 2026 Dividend Recommendation: Recommendation of dividend, if any, on equity shares for the financial year ended March 31, 2026 Meeting Date: Saturday, May 23, 2026

Trading Window Closure

In accordance with insider trading regulations, J.K. Cement had previously communicated via a letter dated March 24, 2026, that the Trading Window would remain closed for all Designated Persons, Connected Persons, and their immediate relatives. The closure period runs from Wednesday, April 1, 2026 till Monday, May 25, 2026, with both days inclusive. This restriction applies to all dealings in the securities of the company during this period.

Company Overview

J.K. Cement Limited operates with its Corporate Office located at Prism Tower, Ninaniya Estate, Gwal Pahari, Gurugram, Haryana, and its Registered Office at Kamla Tower, Kanpur, Uttar Pradesh. The company maintains an extensive manufacturing presence across multiple states and locations:

Rajasthan: Nimbahera, Mangrol, Gotan

Karnataka: Muddapur

Haryana: Jharli

Madhya Pradesh: Katni, Panna, Ujjain

Uttar Pradesh: Prayagraj, Aligarh, Hamirpur

Gujarat: Balasinor

Bihar: Buxar

International: Fujairah

The regulatory filing was signed by Bhumika Sood, Company Secretary & Compliance Officer (M. No. ACS-19326), on behalf of J.K. Cement Limited. The intimation is also available on the company's official website at www.jkcement.com .

JK Cement Limited has announced a strategic investment in renewable energy infrastructure through its acquisition of equity shares in Truere Current Private Limited. The cement manufacturer disclosed this development in a regulatory filing on April 29, 2026, highlighting its commitment to sustainable energy solutions.

Investment Details

The company has invested ₹2,81,45,490 to acquire a 26% stake in Truere Current Private Limited, a special purpose vehicle focused on renewable energy projects. The investment structure includes the following parameters:

Parameter: Details Number of Shares: 21,84,000 equity shares Face Value: ₹10 per share Premium: ₹2.88 per share Total Investment: ₹2,81,45,490 Stake Acquired: 26%

Target Company Profile

Truere Current Private Limited operates as a special purpose vehicle established by Oriana Power Limited for developing renewable energy infrastructure. The company was incorporated on April 15, 2024, under the Companies Act, 2013, with CIN U43222UP2024PTC201083. Its registered office is located at 202-203 Udyog Kendra, Ext.-II Bisrakh, Gautam Buddha Nagar, U.P.201306.

The target company's financial position as of March 31, 2025, reflects its early-stage operations:

Financial Metric: Amount (₹ Crore) Turnover: NIL PAT: -0.37 Networth: 35.93

Solar Power Project Details

The investment is connected to a comprehensive solar power initiative that will benefit JK Cement's operations. The project encompasses several key components:

Capacity: 40 MWp solar power generation

Location: Tehsil Bap, District Phalodi, Rajasthan

Beneficiary Plant: JK Cement's Gotan manufacturing facility

Technology: Battery Energy Storage System (BESS) for efficient energy management

The Battery Energy Storage System represents a significant technological advancement, enabling efficient energy management through storage of surplus power generated by the solar installation.

Strategic Rationale

JK Cement's management has indicated that this investment aligns with the company's long-term renewable energy strategy. The acquisition is structured through a Power Purchase Agreement and Share Subscription and Shareholders' Agreement, ensuring a comprehensive framework for the partnership.

The transaction is characterized as an arm's length deal, with no related party involvement. The promoter group and group companies have no existing interest in the special purpose vehicle, maintaining transparency in the investment structure.

Transaction Structure

The investment represents a cash consideration transaction, completed through the execution of formal agreements. The company received confirmation of the investment completion on April 29, 2026, at approximately 1:30 PM. No governmental or regulatory approvals were required for this acquisition, streamlining the transaction process.

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