JK Cement Limited (JKCEMENT) — Announcement | 28 June 2026

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📢 Key Event
GST demand order received by JK Maxx Paints

🔄 What Changed
Order received for first time, previously unknown

🔮 What's Next
Appeal to GSTAT within 3 months

💡 Investor Takeaway
GST liability is minor and contestable, unlikely to affect JK Cement's financials

JK Cement informed exchanges that its subsidiary JK Maxx Paints received a GST order from Bihar's Additional Commissioner dated June 27, 2026, demanding Rs 3332100 but confirming a reduced demand of Rs 49512 plus interest and penalty of Rs 20000. The company disputes the demand, plans to appeal to GSTAT within three months, and states the order will not materially affect its financial position.

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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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