Details of the Action and Order
The company had voluntarily filed an application for adjudication of penalties under Section 454 of the Companies Act, 2013. This application admitted to delays in filing Form BEN-2 in respect of a Significant Beneficial Owner (SBO), as required under the Companies (Significant Beneficial Owners) Rules, 2018.
Upon consideration of the company's submissions, the Registrar of Companies, Uttar Pradesh I, passed an order. The penalty was imposed under Section 90(11) of the Companies Act, 2013 for a violation of Section 90(4) of the Act, read with Rule 4 of the Companies (Significant Beneficial Owners) Rules, 2018.
The order was received by the company on October 06, 2026, at 3:55 P.M.
Penalty Imposed
The penalty was imposed on the company and its following officers in default:
- J. K. Cement Limited: ₹2,64,500
- Dr. Raghavpat Singhania (Managing Director): ₹90,800
- Mr. Madhavkrishna Singhania (Joint Managing Director & CEO): ₹90,800
- Mr. Ajay Kumar Saraogi (Deputy Managing Director & CFO): ₹90,800
- Mr. Shambhu Singh (Previous Company Secretary): ₹90,800
Total Penalty Amount: ₹6,28,700
Stated Financial Impact
As per the disclosure, the company states that "The order does not have major financial impact on the Company."
Filing and Authentication
The disclosure was filed with the BSE and NSE on October 06, 2026. It was digitally signed by Bhumika Sood, Company Secretary & Compliance Officer (Membership No. ACS-19326).