J.K. Cement Ltd. submitted a quarterly certificate to BSE and IDBI Bank confirming utilization of Commercial Paper proceeds for working capital purposes for the period ended March 31, 2026.
The company redeemed ₹225 crore worth of Commercial Papers across four issuances during the quarter, with all instruments held by State Bank of India and Kotak Mahindra Bank Ltd.
The certificate confirms compliance with SEBI Master Circular provisions, standard asset classification with lenders, and no material adverse change in financial status affecting credit ratings.