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JK Cement acquires 60% stake in Saifco Cements · Endata

◂ Announcements

Jun 7, 2025ACQUISITIONSrinagar, Jammu & Kashmir, India

JK Cement acquires 60% stake in Saifco Cements

JK Cement Ltd. announced the formalisation of its joint venture agreement with Saifco Cements Pvt. Ltd., acquiring a 60% stake in the company, establishing JK Cement as the first major cement manufacturer to set up operations in Srinagar.

Status

Announced

Productscement

CompaniesJK Cement acquirer Saifco Cements Pvt. Ltd. target

Sectors#Construction Materials

“JK Cement Ltd., one of the leading cement companies of India, announced the successful formalisation of its joint venture agreement with Saifco Cements Pvt. Ltd. of acquiring a 60% stake in the company.”newindianexpress.com

1 source
newindianexpress.comJK Cement acquires 60% stake in Saifco Cements, becomes first major manufacturer to set up plant in SrinagarANIJun 7, 2025

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

More from JK Cement

Jan 27, 2025ACQUISITIONKhunmoh, Srinagar, Jammu & Kashmir, India$20.9M
JK Cement acquires 60% stake in Saifco Cements
JK Cement acquirer Saifco Cements Pvt. Ltd. target newsvoir.com tribuneindia.com therealtytoday.com
Jan 15, 2025NEW FACILITYBuxar, Bihar, India$60.0M
JK Cement lays foundation for new grinding unit in Buxar, Bihar
JK Cement indiancementreview.com
Nov 3, 2024NEW FACILITYBuxar, Bihar, India$47.0M250 jobs
JK Cement to build cement plant in Buxar, Bihar
JK Cement livehindustan.com odishatoday.com biltraxmedia.com
Sep 17, 2024EXPANSIONPanna, Madhya Pradesh; Buxar, Bihar, India$360.0Mops 2026
JK Cement invests ₹3,000 crore to expand capacity to 30 mtpa
JK Cement thehindubusinessline.com
Feb 21, 2024ACQUISITIONIndia
JK Cement completes acquisition of Toshali Cements
JK Cement acquirer Toshali Cements target business-standard.com
Jun 6, 2023ACQUISITIONAmpavalli and Choudwar, Odisha, India$19.0M
JK Cement to acquire Toshali Cements for Rs 157 crore
JK Cement acquirer Toshali Cements target constrofacilitator.com constructionworld.in

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