JK Cement has raised Rs 250 crore through Rated, Listed, Taxable, secured, redeemable non-convertible debentures (NCDs) and allotted 7.36% - 2500 numbers of NCDs having face value of Rs 10,00,000 each in one of more series/tranches on private placement basis.
The board of directors at its meeting held on July 23, 2020 has approved and allotted the same.
JK Cement is one of the largest cement manufacturers in north India. It is also second largest producer of white cement in India. The company exports white cement to countries like South Africa, Nigeria, Singapore, Bahrain, Bangladesh, Sri Lanka, Tanzania, UAE and Nepal.
