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JK Lakshmi Cement gets nod to raise up to Rs 500 crore through NCDs

19 Dec 2016 Evaluate

JK Lakshmi Cement has received shareholders’ approval to raise up to Rs 500 crore by issue of Non-Convertible Debentures (NCDs) on private placement basis. The shareholders have approved for the same at the special resolution through postal ballot. The company had earlier received board’s approval for the same.

JK Lakshmi Cement, part of the $4 billion JK Group, operates integrated cement facilities at Sirohi (Rajashthan), Durg (Chhatisgarh), Kalol and Surat (Gujarat) and Jharli (Haryana). Currently, it produces 8.4 million tonnes annually and its capacity is scheduled to go up to 12 million tonnes per annum shortly.



JK Lakshmi Cement Share Price

656.85 10.80 (1.67%)
04-May-2026 15:29 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11736.30
Ambuja Cement 444.85
ACC 1401.40
Shree Cement 24730.00
Dalmia Bharat 1983.20
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