JK Cement invested ₹4.22 crore for a 26% stake in Truere Guj SPV, a renewable energy company.
The investment supports a 70 MWp solar power project for JK Cement's Nimbahera plant.
The transaction is an arm's length deal not classified as a related party transaction.
The SPV reported nil turnover and a net loss of ₹0.48 crore as of March 2025.