# 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.

- Type: Acquisition
- Announced: 2026-03-13
- Where: Assam, India
- Value: $2.30M (190.0M INR)
- Status: announced
- Capacity: 0.95Mta clinker plant and cement grinding unit
- Products: cement, clinker
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [JK Lakshmi Cement](https://endata.com/companies/15391.md) (acquirer)
- [NECEM Cements](https://endata.com/companies/90857.md) (target)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/180973/jk-lakshmi-cement-to-acquire-77-96-stake-in-necem-cements.html), 2026-03-13: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.