J.K. CEMENT LTD — Capital/Financing Update 2026

Apr 15, 2026

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JKCL/SE/2026-27/02 April 15, 2026

BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Mumbai-400001 Bandra (E), Mumbai-400051 Through: BSE Listing Centre Through: NEAPS Scrip Code: 532644 Scrip Code: JKCEMENT

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure - Requirements) Regulations, 2015 Investment in Equity Shares of Mehrauni Electro Power Private Limited

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we hereby inform you that J. K. Cement Limited (“the Company”) has made an investment in the equity share capital of Mehrauni Electro Power Private Limited (“the SPV”).

The Company has subscribed to 21,00,000 (Twenty-One Lakh) equity shares of face value Rs.10/- aggregating to Rs. 2,10,00,000 (Rupees Two Crore Ten Lakh only), representing 9.77% of the equity share capital of SPV, pursuant to the execution of Share Subscription and Shareholders’ Agreement (SSHA).

The details as required under the aforesaid Listing Regulations, read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure-A.

You are requested to kindly take the above on record.

Thanking you

Yours faithfully, For J. K. Cement Limited BHUMIKA Digitally signed by BHUMIKA SOOD SOOD Date: 2026.04.15 16:38:00 +05'30' Bhumika Sood Company Secretary & Compliance Officer M. No. ACS- 19326

Prism Tower, Ninaniya Estate, Gwal Pahari Gurugram, Haryana - 122102

Encl: As above

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					**Annexure-A **
1	Name of the target entity, details in brief such as size, turnover etc.		Mehrauni Electro Power Private Limited(SPV) Financial parameter of target entity as on 31.03.2025: Particular Amount (In crore) Turnover Nil PAT (0.13) Networth (0.13)
			Particular	Amount (In crore)
			Turnover	Nil
			PAT	(0.13)
			Networth	(0.13)
2	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at“arm’s length”		This acquisition does not fall under related party transaction. Thepromoter/ promoter group/ group companies do not have any interest in the SPV.Further, the transaction is undertaken at arm’s length.
3	Industry to which the entity being acquired belongs		Renewable energy - setting up, generating and distributing power from Renewable power plants in India.
4	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)		This investment is pursuant to the Power Purchase Agreement/ Shareholder Subscription Agreement and strengthens the Company’s long- term renewable energy strategy.
5	Brief details of any governmental or regulatory approvals required for the acquisition		Not applicable
6	Indicative time period for completion of the acquisition		Not applicable
7	Consideration - whether cash consideration or share swap or any other form and details of the same		Cash consideration
8	Cost of acquisition and/ or the price at which the shares are acquired		21,00,000 Equity shares at Rs. 10 per share, aggregating toRs.2,10,00,000(Rupees Two Crore Ten Lakh only).
9	Percentage of shareholding/control acquired and / or number of shares acquired		9.77% equity stake No of Shares 21,00,000 Equity shares
10	Brief background about the entity acquired in terms of products / line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)		Mehrauni Electro Power Private Limited (MEPPL), a company incorporated under the Companies Act, 2013, having CIN U35105DL2023PTC422273 and its registered office at 904, 9th Floor, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi – 110 034. MEPPL is a special purpose vehicle established by the Onward Solar Power Private Limited, which is currently establishing a facility

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				with 40 MW AC capacity solar power plant, at Village-Bihariya, Tehsil-Bara, Prayagraj-District, within Uttar Pradesh, on a Group Captive model envisaged under the Electricity Laws” This project as per PPA with MEPPL and Onward Solar Private Limited for supplying 7 MWp solar power to our Prayagraj plant. Details of last three year’s turnover: Financial year Amount (In crore) 2024-25 Nil 2023-24 Nil 2022-23 NA MEPPL was incorporated in 2023.
				Financial year **Amount (In crore) **
				2024-25 Nil
				2023-24 Nil
				2022-23 NA
				MEPPL was incorporated in 2023.

For J. K. Cement Limited BHUMIK Digitally signed by BHUMIKA SOOD A SOOD Date: 2026.04.15 16:38:29 +05'30' Bhumika Sood

Company Secretary & Compliance Officer M. No. ACS- 19326

Prism Tower, Ninaniya Estate, Gwal Pahari Gurugram, Haryana - 122102

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