JK Lakshmi Cement to acquire 77.96% stake in NECEM Cements

JK Lakshmi Cement has approved the acquisition of a 77.96% stake in NECEM Cements for INR 190 million (US$2.3 million). The transaction is expected to be completed by 31 March 2026, and JK Lakshmi plans to develop a 0.95Mta clinker plant and cement grinding unit at the site in Assam.

“JK Lakshmi Cement has approved the acquisition of a 77.96 per cent stake in NECEM Cements for INR190m (US$2.3m) as part of its strategy to strengthen its presence in northeast India.”cemnet.com

• 1 source
• cemnet.comJK Lakshmi Cement to acquire 77.96% stake in NECEM CementsICR NewsroomMar 13, 2026

Summarized from public sources; check the original articles before acting on it.