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

Apr 27, 2026

JKcement

J.K. Cement Limited
CIN: L17229UP1994PLC017199
Corporate Office
⇨ Prism Tower, Ninaniya Estate, Gwal Pahari, Gurugram - 122102, Haryana
⇨ +0124-6919000 ✉️ corpcom@jkcement.com
🔗 www.jkcement.com

JKCL/SE/2026-27/06

April 27, 2026

BSE Ltd.
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort, Mumbai-400001
Through: BSE Listing Centre
Scrip Code: 532644

National Stock Exchange of India Ltd.
Exchange Plaza, Bandra Kurla Complex,
Bandra (E), Mumbai-400051
Through: NEAPS
Scrip Code: JKCEMENT

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investment in Equity Shares of Truere Guj SPV 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 Truere Guj SPV Private Limited (“the SPV”).

The Company has subscribed to 32,76,000 (Thirty Two Lakh Seventy Six Thousand Only) equity shares of face value Rs.10/- at a premium of Rs.~2.88 per equity shares aggregating to Rs. 4,22,21,400 (Rupees Four Crore Twenty-Two Lakh Twenty-One Thousand Four Hundred only), representing 26% of the equity share capital of SPV, pursuant to the execution of Share Subscription and Shareholders’ Agreement (SSHA).

The aforesaid information received by the Company on April 27, 2026 at around 4.00 P.M.

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
Date: 2026.04.27
17:18:45 +05'30"

SOOD

Bhumika Sood
Company Secretary & Compliance Officer
M. No. ACS- 19326
Prism Tower, Ninaniya Estate, Gwal Pahari
Gurugram, Haryana - 122102

Encl: As above

Registered Office
⇟ Kamla Tower, Kanpur - 208001, U.P., India
⇨ +91-512-2371478 to 85
⇨ +91-512-2399854

JKsuper
— cement —
BUILD STRONG
JKcement
WallMax
White Cement Based Puffy
LROA CERTIFIED
ISO 9001:2000
BUREAU VERITAS Certification
BUREAU VERSI

Manufacturing Units at:
Nimbahera, Mangrol, Gotan (Rajasthan) | Muddapur (Karnataka)
Jharli (Haryana) | Katni, Panna, Ujjain (M.P.) | Prayagraj, Aligarh, Hamirpur (U.P.)
Balasinor (Gujarat) | Buxar (Bihar) | Fujairah

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J.Kcement

J.K. Cement Limited
CIN: L17229UP1994PLC017199
Corporate Office
Prism Tower, Ninaniya Estate,
Gwal Pahari, Gurugram - 122102, Haryana
+0124-6919000 corpcom@jkcement.com
www.jkcement.com

Annexure-A

| 1 | Name of the target entity, details in brief such as size, turnover etc. | Truere Guj SPV Private Limited (SPV)
Financial parameter of target entity as on 31.03.2025: | |
| --- | --- | --- | --- |
| | | Particular | Amount (INR in Crore) |
| | | Turnover | NIL |
| | | PAT | -0.48 |
| | | Networth | 69.08 |
| 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. The promoter/ 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 | 32,76,000 (Thirty Two Lakh Seventy Six Thousand Only) equity shares of face value Rs.10/- at a premium of Rs.~2.88 per equity shares aggregating to Rs. 4,22,21,400 (Rupees Four Crore Twenty Two Lakh Twenty One Thousand Four Hundred only) | |
| 9 | Percentage of shareholding/control acquired and / or number of shares acquired | Stake remain 26 % of the SPV
No of Shares 32,76,000 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 | Truere Guj SPV Private Limited (TGSPL), a company incorporated under the Companies Act, 2013, having CIN U35105UP2024PTC196562 and its registered office at Udyog Kendra, Ext.-II | |

Registered Office
Kamla Tower, Kanpur - 208001, U.P., India
+91-512-2371478 to 85
+91-512-2399854

JKsuper
— cement —
BUILD STRONG
JKcement
WallMax
White Cement Based Purity
LRQA CERTIFIED
QUALITY MANAGEMENT SYSTEM
www.qlks.com
IDAHO
Manufacturing Units at:
Nimbahera, Mangrol, Gotan (Rajasthan) | Muddapur (Karnataka)
Jharli (Haryana) | Katni, Panna, Ujjain (M.P.) | Prayagraj, Aligarh, Hamirpur (U.P.)
Balasinor (Gujarat) | Buxar (Bihar) | Fujairah

---

J.Kcement

J.K. Cement Limited
CIN: L17229UP1994PLC017199
Corporate Office
Prism Tower, Ninaniya Estate, Gwal Pahari, Gurugram - 122102, Haryana
+0124-6919000 corpcom@jkcement.com
www.jkcement.com

turnover, country in which the acquired entity has presence and any other significant information (in brief)

Bisrakh, Gautam Buddha Nagar, U.P.201306. TGSPL is a special purpose vehicle established by the Oriana Power Limited (Oriana), which is currently establishing a facility with 50/70 MWp peak solar power plant, at Nimbahera Dist. Chittorgarh, in the state of Rajasthan, on a Captive User model envisaged under the Electricity Laws”

This project as per PPA with TGSPL and Oriana for supplying 70 MWp solar power to our Nimbahera plant.

Solar Project Location: Tehsil Bap, District Phalodi, Rajasthan

Details of last three year’s turnover:

Financial year	Amount (In crore)
2024-25	Nil
2023-24	Nil
2022-23	NA
TGSPL was incorporated on 30-Jan-24

For J. K. Cement Limited

BHUMIKA
Digitally signed by
BHUMIKA SOOD
Date: 2026.04.27
17:19:06 +05'30"

SOOD

Bhumika Sood
Company Secretary & Compliance Officer
M. No. ACS- 19326
Prism Tower, Ninaniya Estate, Gwal Pahari
Gurugram, Haryana - 122102

Registered Office
Kamla Tower, Kanpur - 208001, U.P., India
+91-512-2371478 to 85
+91-512-2399854

JKsuper
— cement —
BUILD STRONG
JKcement
WallMax
White Cement Based Puffy
LROA CERTIFIED
ISO 9001:2000
QUALITY MANAGEMENT
000642
UKAS MANAGEMENT

Manufacturing Units at:
Nimbahera, Mangrol, Gotan (Rajasthan) | Muddapur (Karnataka)
Jharli (Haryana) | Katni, Panna, Ujjain (M.P.) | Prayagraj, Aligarh, Hamirpur (U.P.)
Balasinor (Gujarat) | Buxar (Bihar) | Fujairah