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Bloomberg Quint

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JK Cement May Raise Rs 500 Crore Via NCDs

  • JK Cement plans to raise Rs 500 crore through non-convertible debentures (NCDs).
  • The fund raising will be conducted in one or more tranches, starting one year from the date of the 31st annual general meeting.
  • The company's board of directors will discuss and approve the financial results and consider dividend declarations in the upcoming meeting.
  • The trading window for dealing in the company's securities is closed for designated employees and other connected persons until 48 hours after the declaration of the financial results.

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