# JK Cement completes acquisition of Toshali Cements

JK Cement has completed the acquisition of 100% stake in Toshali Cements, making it a wholly owned subsidiary. Transfer of mining lease is pending regulatory approvals.

- Type: Acquisition
- Announced: 2024-02-21
- Where: India
- Status: completed
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [JK Cement](https://endata.com/companies/42055.md) (acquirer)
- [Toshali Cements](https://endata.com/companies/70682.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/markets/capital-market-news/j-k-cements-completes-acquisition-of-toshali-cements-124022100868_1.html), 2024-02-21: "J K Cements has completed the acquisition of 100% stake of Toshali Cements from its shareholders and promoters."

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