StockWatch
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Cement & Cement Products
Auditor24 Oct 2026, 03:00 pm

JK Cement Appoints Price Waterhouse as Statutory Auditor

AI Summary

JK Cement Limited's Board of Directors has approved the appointment of Price Waterhouse Chartered Accountants LLP as the new Statutory Auditors. They will serve for a term of five years, from the conclusion of the 33rd AGM in 2027 until the 38th AGM in 2032, subject to shareholder approval. This appointment follows the completion of the current auditor's term. The Board also approved the unaudited financial results for Q2 and H1 FY27 and amendments to the Insider Trading Code. Additionally, a wholly-owned subsidiary, JK Maxx Paints Limited, will set up a new paint manufacturing plant in Telangana with an estimated capital cost of INR 130 Crore.

Key Highlights

  • New statutory auditors appointed for a 5-year term.
  • Appointment subject to shareholder and regulatory approvals.
  • Unaudited financial results for Q2 and H1 FY27 approved.
  • Subsidiary to establish a new paint manufacturing plant.
  • Capital expenditure of INR 130 Crore for the new plant.