JK Cement Ltd. has informed that the Competition Commission of India, in a reference filed by the Government of Haryana for alleged cartelization in August 2012 has passed an order which is uploaded on the website directing: the company and other opposite parties to Cease and desist from indulging in the acts/conduct which have been found to be in contravention of the provisions of the Competition Act 2002; imposed a penalty of INR 92.6 million on the company, being 0.3% of the average turnover for the last 3 financial years.