JK Cement Limited (JKCEMENT) — Announcement | 29 April 2026

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📢 Key Event
JK Cement invests Rs.2.81 crore in renewable energy SPV for 26% stake

💡 Investor Takeaway
This investment signals JK Cement's entry into renewable energy, potentially expanding its long-term growth avenues.

JK Cement announced an investment in Truere Current Private Limited, a renewable energy SPV, acquiring 26% equity for Rs.2.81 crore via 2.18 million shares at a premium of ~Rs.2.88 per share. The transaction supports the company's renewable energy strategy and involves no related party links or regulatory approvals.

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About JK Cement Limited (JKCEMENT)

Construction Materials · Cement & Cement Products · Listed on NSE

Market Cap: ₹42,219.37 Cr P/E: 58.6

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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