StockWatch
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Cement & Cement Products
Legal6 Oct 2026, 10:00 pm

JK Cement Fined ₹4.72 Lakhs for Delayed SBO Filings

AI Summary

JK Cement Ltd has been penalized ₹4,72,500 by the Registrar of Companies (ROC), Uttar Pradesh-I, for delays in filing Form BEN-2 related to Significant Beneficial Owner (SBO) disclosures. The company voluntarily applied for adjudication of penalties under Section 454 of the Companies Act, 2013. The penalty includes ₹2,64,500 for the company and ₹90,800 each for its Managing Director, Joint Managing Director & CEO, Dy. Managing Director & CFO, and a previous Company Secretary. The order was received on October 6, 2026. The company stated that the order does not have a major financial impact.

Key Highlights

  • JK Cement fined ₹4.72 Lakhs for delayed SBO filings.
  • Penalty imposed by ROC Uttar Pradesh-I.
  • Company and five officers penalized.
  • Order received on October 6, 2026.
  • No major financial impact expected.