JK Cement Acquires Sri Chakra Cement Assets ₹28.79Cr

JK Cement's Board approved acquisition of 0.24 MnTPA cement grinding assets from Sri Chakra Cement Limited for ₹28.79 crores.
Assets include 34 acres of land in Vizianagaram, Andhra Pradesh, owned by multiple parties including Envean Enterprises Pvt Ltd.
The acquired grinding assets have been non-operational since April 2025; transaction is subject to definitive agreements and conditions precedent.