J.K. Cement Limited agreed to acquire an additional 12.21% stake in O2 Renewable Energy V Private Limited from JSW Neo Energy Limited for INR 51.9 million.
J.K. Cement Limited (BSE:532644) agreed to acquire an additional 12.21% stake in O2 Renewable Energy V Private Limited from JSW Neo Energy Limited for INR 51.9 million on December 3, 2025. Upon completion, J.K. Cement Limited will own 28.97% stake in O2 Renewable Energy V Private Limited.
For the period ending March 31, 2025, O2 Renewable Energy V Private Limited reported total revenue of INR 202.9 million, net income of INR 8.1 million and Total common equity of INR 432.7 million.
J.K. Cement Ltd. is an India-based company cement and building products manufacturer company. The Company's product portfolio includes grey cement, white cement, wall putty, gypsum plaster, tile adhesives & grouts, and wood finishes. Grey cement offers JK Super Protect Weather Shield Cement; JK Super Strong Concrete Special; JK Super Cement Portland Pozzolana Cement (PPC); JK Super Ordinary Portland Cement (OPC) 43, JK Super OPC 53, and JK Super Portland Slag Cement (PSC). The White cement portfolio includes JKC WhiteMaxX and JKC RepairMaxX. The Wall Putty portfolio provides JKC WallMaxX, JKC WallMaxX Advanced, JKC ShieldMaxX, JKC LevelMaxX, and JKC LevelMaxX Plus. The Gypsum Plaster portfolio provides JKC GypsoMaxX, JKC PlastoMaxX, and JKC BondMaxX. It operates seven grey cement manufacturing plants and two white cement and wall Putty manufacturing plants. The Company's subsidiaries include J.K. Cement (Fujairah) FZC, JK Maxx Paints Limited, and Toshali Cements Pvt Ltd., among others.
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J.K. Cement Limited agreed to acquire an additional 12.21% stake in O2 Renewable Energy V Private Limited from JSW Neo Energy Limited for INR 51.9 million.
