BSECompany Update6d ago · 24 Jul 2026, 06:59 pm
Please find attached disclosure relating to issuance of Corporate Guarantee.
JSW Cement Ltd · 544480
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JSW Cement Ltd has issued a corporate guarantee worth USD 29.24 million (AED 107,400,000) to secure a loan for its subsidiary JSW Cement Middle East L.L.C -SPC to set up a cement grinding unit in Fujairah, UAE.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
JSW Cement Ltd - 544480 - Issuance Of Corporate Guarantee
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Cement Limited
JSW Centre
Opp. MMRDA Ground,
Bandra Kurla Complex,
Bandra (East), Mumbai - 400 051.
Tel : +91-22-4286 1000 Fax : 26502001
Website : www.jswcement.in
CIN :– L26957MH2006PLC160839
Date: 24.07.2026
BSE Limited National Stock Exchange of India
Phiroze Jeejeebhoy Towers, Limited Exchange Plaza, C-1, Block G,
Dalal Street, Fort, Bandra Kurla Complex, Bandra (E),
Mumbai 400 001, Mumbai - 400 051
Maharashtra, India Maharashtra, India
Scrip Code: 544480 Symbol: JSWCEMENT
Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
In furtherance to our intimation dated 4th February 2026 and pursuant to Regulation 30
of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to
inform that the Company is issuing Corporate Guarantee towards the loan to be availed by
JSW Cement Middle East L.L.C -SPC, Wholly Owned subsidiary of the Company. The said
loan shall be availed for setting up a Cement Grinding Unit (GU) of 1.65 million tonnes per
annum (MTPA) in Fujairah, UAE by JSW Cement Middle East LLC-SPC, Wholly Owned
Subsidiary of the Company.
The details as required under Regulation 30 of the SEBI Listing Regulations read with
SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated on January
30, 2026 are enclosed in Annexure I.
This is for your information and records.
Thanking you.
For JSW Cement Limited
Sneha Bindra
Company Secretary and Compliance Officer
Cement Limited
JSW Centre
Opp. MMRDA Ground,
Bandra Kurla Complex,
Bandra (East), Mumbai - 400 051.
Tel : +91-22-4286 1000 Fax : 26502001
Website : www.jswcement.in
CIN :– L26957MH2006PLC160839
ANNEXURE I
Information as required under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations 2015
Particulars Description
Name of party for which such JSW Cement Middle East L.L.C -SPC
guarantees or indemnity or surety was
given
whether the promoter/ promoter JSW Cement Middle East L.L.C –SPC is a
group/ group companies have any Wholly Owned subsidiary of the Company.
interest in this transaction? If yes,
nature of interest and details thereof The corporate guarantee has been provided
and whether the same is done at “arm’s by the Company on an arm’s length basis.
length”;
brief details of such guarantee or The Company has issued below corporate
indemnity or becoming a surety viz. guarantee to secure the loan to be availed by
brief details of agreement entered (if JSW Cement Middle East L.L.C –SPC
any) including significant terms and
conditions, including amount of Name of the Lender Amount
guarantee First Abu Dhabi Amount of
Bank PJSC Corporate
Guarantee: USD
29.24 million
(equivalent to AED
107,400,000)
impact of such guarantees or indemnity There is no immediate impact on the
or surety on listed entity Company, except to the extent of the amount
for which the corporate guarantee has been
provided, in the event JSW Cement Middle
East L.L.C -SPC is unable to meet its
repayment obligations to the
bank/institution.