StockWatch
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Cement & Cement Products
Board Meeting13 Aug 2026, 08:40 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 sanctioned a fund-raising plan of 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 financial results were reviewed by Deloitte Haskins & Sells LLP, the statutory auditors, who provided a limited review report.

Key Highlights

  • Unaudited standalone and consolidated financial results for Q1 FY27 approved.
  • Board authorized fund raising up to ₹500 crores via NCDs.
  • Non-Convertible Debentures to be issued on a private placement basis.
  • Statutory auditors provided a limited review report on the financial results.