J.K. Cement Limited announced that this has reference to company's (i) letter dated 3 June, 2020, (ii) letter dated 17 June, 2020 and (iii) letter dated 22 July, 2020 regarding issue of Rated, Listed, secured, redeemable, taxable non-convertible debentures of face value of INR 1,000,000 each in one of more series/tranches on private placement basis for an aggregate amount of INR 2,500 million. The company announced that the Committee of Directors has approved allotment of 7.36% -2500 numbers of Rated, Listed, Taxable, secured, redeemable non-convertible debentures of face value of INR 1,000,000 each due to mature in 2024 on private placement basis (NCDs) for an aggregate amount of INR 2,500 million on the terms and conditions as mentioned in the Information Memorandum and Debture Trust Deed.
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.