Held on 13 May 2017
The Board of Directors of J K Cements in their Board Meeting held on 13 May 2017 has interalia: -1.Approved audited standalone and consolidated result for year ended 31 March 17.
2.Recommended a dividend of Rs. 8 (Rupees eight only) per equity share for the F.Y 16-17.
3.The Register of Members and Share Transfer Books will remain closed from Thursday the 20 July 2017 to Saturday 29 July 2017 (both day inclusive). Record date for dividend is fixed on 29 July, 2017.
4.23rd AGM of the Company will be held on Saturday the 29 July, 2017 at Kanpur at 12.30 P.M.
5.M/s. S. R. Batliboi & Co, LLP, Chartered Accountants, (ICAI Firm Registration No. 301003E/E300005) appointed as Statutory Auditors of the Company for 5 years from 23rd AGM, subject to AGM approval.
6.To issue secured redeemable NCDs on private placement basis for an amount upto Rs. 500 crores.
7.To expand the Wall Putty production capacity by 2 Lakhs M.T. per annum at J.K.White, Katni.
8.The Board took note of increase in Clinker Production Capacity by 3.30 lac tons per annum in Rajasthan Grey Cement plants by Cooler Modification and De-Bottlenecking/Up-gradations with the total cost of approximately Rs.50 Crores. With this the overall grey cement clinker capacity of Rajasthan Plants stands increase to 54.45 lakh tons per annum.
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