NSEGeneral Updates28 Jun 2026 · 28 Jun 2026, 01:11 pm

General Updates

JK Cement Limited · JKCEMENT

✦ AI SummaryRegulatory

JK Cement Limited has informed the Exchange about General Updates regarding a GST demand order from the Additional Commissioner of State Tax, Patna, dated June 27, 2026. The order demands Rs. 3332100/- and confirms the tax demand of Rs. 49512/- along with applicable interest and penalty. The company believes it has a strong case on merits and will file an appeal before the GSTAT within 3 months.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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JK Cement Limited has informed the Exchange about General Updates

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JKCEMENT_28062026131032_SEIntimationGSTDemandOrderinACROPaints.pdf

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JKCL/SE/2026-27/34 June 28, 2026 BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Mumbai-400001 Bandra (E), Mumbai-400051 Through: BSE Listing Centre Through: NEAPS Scrip Code: 532644 Scrip Code: JKCEMENT Sub: Intimation U/r 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended – receipt of an order by JK Maxx Paints Limited, (Wholly Owned Subsidiary) regarding a demand of GST in Acro Paints Ltd (now amalgamated with JK Maxx Paints). Dear Sir/Madam, We wish to inform you that M/s JK Maxx Paints Limited has received an Order regarding GST Demand in M/s Acro Paints Limited (Now amalgamated with JK Maxx Paints Ltd.) from the Additional Commissioner of State Tax, Patna dated June 27, 2026. The said information was received by the Company on June 27, 2026 at around 6.30 PM (IST). Disclosures in the prescribed format of SEBI Master Circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 is attached herewith as Annexure - A Kindly take the same on record. Thanking you, Yours faithfully, For J. K. Cement Limited Bhumika Sood Company Secretary & Compliance Officer M. No. ACS- 19326 Annexure-A Sr. Particulars Details 1 Name of the Authority Additional Commissioner, State Tax, Patna (Bihar) 2 Nature and details of the action(s) taken, Order issued for dropping the tax demand Rs initiated or order(s) passed 3332100/- and confirmed the tax demand of Rs 49512/- along with applicable interest and penalty of Rs 20000/- 3 Date of receipt of direction or order, Order received on June 27, 2026 including any ad-interim or interim orders, or any other communication from the authority 4 Details of the violation(s) Wrong availment of Input GST as not matched /contravention(s) committed or alleged with GSTR 2B/2A to be committed 5 Impact on financial, operation or other The order does not have major financial impact activities of the listed entity, quantifiable on the Company. The contentions imposing in monetary terms to the extent possible demand are not agreed and the Company believes it has a strong case on merits. Accordingly, Appeal shall be filed before the GSTAT within 3 months from the date of receipt of order For J. K. Cement Limited Bhumika Sood Company Secretary & Compliance Officer M. No. ACS- 19326