JK Cement acquires 60% stake in Saifco Cements

JK Cement Ltd. has entered into a joint venture agreement to acquire a 60% stake in Saifco Cements Pvt. Ltd. for INR 174 Crore, gaining a clinker capacity of 0.26 MTPA and grinding capacity of 0.42 MTPA in Jammu & Kashmir.

“This acquisition marks a strategic step in expanding JK Cement’s presence in one of the fastest growing regions of the country and furthering its footprint in Northern India.”newsvoir.com

• 3 sources
• newsvoir.comJK Cement Ltd. Marks its Presence in Jammu & Kashmir - Enters into a Joint Venture Agreement with Saifco Cements Private LimitedJan 27, 2025
• tribuneindia.comJK Cement Ltd. Marks its Presence in Jammu & Kashmir - Enters into a Joint Venture Agreement with Saifco Cements Private LimitedANIJan 28, 2025
• therealtytoday.comJK Cement Expands into Jammu & Kashmir Market with Joint Venture Agreement with Saifco CementsTRT EditorialJan 28, 2025

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