StockWatch
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Cement & Cement Products
Board Meeting13 Aug 2026, 08:50 pm

JSW Cement Board Approves Unaudited Results and ₹500 Cr Fund Raise

AI Summary

JSW Cement Limited's Board of Directors, in a meeting held on August 13, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved raising funds up to ₹500 crores through the issuance of rated and listed Non-Convertible Debentures on a private placement basis. The Finance Committee has been authorized to finalize the terms of the debenture issuance. The meeting commenced at 2:30 p.m. and concluded at 5:40 p.m. The company also provided the Limited Review Report from its statutory auditors, Deloitte Haskins & Sells LLP, for the unaudited financial results.

Key Highlights

  • Board approved unaudited financial results for Q1 FY27.
  • Approved raising up to ₹500 Cr via Non-Convertible Debentures.
  • Debentures to be issued on a private placement basis.
  • Finance Committee authorized for debenture issuance terms.
  • Statutory auditors provided Limited Review Report.