JK LAKSHMI CEMENT LTD.

JK Lakshmi Cement Limited announced a favorable outcome in a Goods and Services Tax (GST) appeal. The company had previously received orders from the Office of the Joint Commissioner of State Tax, Chhattisgarh, raising a demand of approximately ₹879.15 Lakhs for tax, ₹659.35 Lakhs for interest, and ₹87.91 Lakhs for penalty for FY 2019-20. These demands primarily related to Reverse Charge Mechanism on inter-state purchases, disallowance of Input Tax Credit, and other matters. The company challenged these orders, and the appellate authority, vide an order dated 11.06.2026, has set aside the demand in favor of JK Lakshmi Cement. Consequently, there are no expected financial implications for the company.

JK Lakshmi Cement Limited has successfully appealed against Goods and Services Tax (GST) orders that had raised a demand of ₹879.15 Lakhs for tax, ₹659.35 Lakhs for interest, and ₹87.91 Lakhs for penalty for FY 2019-20. The appeal, concerning issues like Reverse Charge Mechanism (RCM) on inter-state purchases and disallowance of Input Tax Credit, was decided in favor of the company by the Office of the Additional Commissioner (Appeal) of State Tax, Chhattisgarh. Consequently, the entire demand has been set aside, with no expected financial implications for the company.

ICICI Prudential Mutual Fund, through its various schemes, has acquired 7,50,000 shares of JK Lakshmi Cement Ltd. on June 08, 2026, via open market purchase. This acquisition has increased their total shareholding to 5.586% of the paid-up capital. The fund stated that these acquisitions are for investment purposes and not to seek controlling interest. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

JK Lakshmi Cement Ltd announced an investment of up to ₹16 Crore in DynoSpark Private Limited and Elevate Solar Energy Private Limited, acquiring 26% equity in each. These Special Purpose Vehicles (SPVs) will facilitate the purchase of solar power under the captive power route. The investment aims to secure solar power at competitive rates for the company's plant locations, with the project expected to be completed by October 31, 2026. DynoSpark will support a 25 MW solar plant with battery storage at the Udaipur Unit, while Elevate Solar will support a 17.14 MW solar plant at the Durg Unit. This strategic move aligns with the company's objective to increase renewable power sourcing.

JK Lakshmi Cement Ltd announced an investment of up to ₹16 Crore in DynoSpark Private Limited and Elevate Solar Energy Private Limited, acquiring 26% equity in each. These Special Purpose Vehicles (SPVs) will facilitate the purchase of solar power under the captive power route. The investment aims to secure solar power at competitive rates for the company's plant locations, with the project for DynoSpark involving a 25 MW (AC) solar plant and BESS at Udaipur, and for Elevate Solar, a 17.14 MW (AC) plant at Durg. The acquisition is expected to be completed by October 31, 2026.

JK Lakshmi Cement Ltd's board approved audited financial results for Q4 and FY26 on May 20, 2026. The board recommended a dividend of ₹6.50 per equity share (130%) for FY26, subject to shareholder approval at the Annual General Meeting. The dividend will be credited/dispatched within 3-4 weeks post-AGM, after deducting applicable taxes. Auditors' reports have an unmodified opinion on the standalone and consolidated financial results.

JK Lakshmi Cement Ltd. announces the re-appointment of Mrs. Vinita Singhania (DIN: 00042983) as Managing Director for a further period of five years, effective from 1st August 2026. The re-appointment is subject to the approval of the Members of the Company at the upcoming Annual General Meeting. Mrs. Vinita Singhania is related to Mr. Shrivats Singhania, Dy. Managing Director. The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

JK Lakshmi Cement Ltd's board recommended a dividend of ₹6.50 per equity share of ₹5 each (130%) for the financial year ended March 31, 2026. This decision was made during a board meeting held on May 20, 2026, where the audited financial results for the quarter and financial year were also approved. The dividend, if declared at the Annual General Meeting, will be credited/dispatched within three to four weeks, subject to applicable tax deductions.

JK Lakshmi Cement Ltd. announced audited financial results for the quarter and financial year ended March 31, 2026. The board approved the standalone and consolidated financial results and recommended a dividend of ₹6.50 per equity share (130%) for the financial year ended March 31, 2026. The dividend, if declared at the AGM, will be credited/dispatched within three to four weeks, subject to tax deduction.

JK Lakshmi Cement Ltd has scheduled a Board of Directors meeting on May 20, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board will also consider recommending a dividend, if any, on equity shares for the financial year ended March 31, 2026. The trading window has been closed since April 1, 2026, and will reopen on May 23, 2026.