Appointment of Statutory Auditor

JKCL/SE/2026-27/56 October 24, 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: Outcome of the Board Meeting held today i.e. October 24, 2026 – Integrated Filing (Financial Results) Dear Sir/ Madam(s), Pursuant to Regulations 30, 33 and 52 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”), we wish to inform you that the Board of Directors of J. K. Cement Limited (“the Company”), at its meeting held today i.e. October 24, 2026, has, inter alia, considered and approved the following: 1) Unaudited Financial Results: Approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the second quarter and half year ended September 30, 2026 (“Financial Results”); 2) Amendment to Insider Trading Code: The Board of Directors has approved amendments to the Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons and the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information of the Company, effective immediately. The amended Code is enclosed herewith as Annexure - A. 3) Appointment of Statutory Auditors: Based on the recommendation of the Audit Committee, the Board has recommended the appointment of Price Waterhouse Chartered Accountants LLP (ICAI Firm Registration No. 012754N/N500016) as the Statutory Auditors of the Company, to hold office for a term of 5 (five) consecutive years from the conclusion of the 33rd Annual General Meeting (“AGM”) of the Company to be held in the year 2027 till the conclusion of the 38th AGM to be held in the year 2032, subject to the approval of the shareholders of the Company and such other statutory requirements as may be applicable, including confirmation of eligibility and independence under Sections 139 and 141 of the Company’s Act, 2013 (the Act). M/s. S. R. Batliboi & Co. LLP (ICAI Firm Registration No. 301003E/E300005), the present Statutory Auditors of the Company, will complete their second term of 5 (five) consecutive years, as permitted under Section 139(2) of the Act, at the conclusion of the 33rd AGM. Further, the details required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure - B to this intimation. 4) Capacity expansion by Wholly Owned Subsidiary: The Board took note and approved the decision of the Board of JK Maxx Paints Limited, a wholly owned subsidiary of the Company, to set up a new water-based paint manufacturing plant with a capacity of 75,000 KLPA at Raghunadhapalem, Suryapet District, Telangana. JK Maxx currently has a capacity of 73,000 KLPA (Utilisation rate- 60%) at Bhiwadi, Rajasthan. The new plant will involve an estimated capital cost of INR 130 Crore, to be funded within the investment of INR 600 Crore in the paints business already approved by the Board and is expected to be commissioned in about 12 months from the start of construction. The rationale for the above is that the existing Bhiwadi facility is projected to reach full utilisation by FY 2027- In this regard, please find enclosed herewith the following: (a) Financial Results (b) The Limited Review Report for Financial Results from the Statutory Auditors of the Company, M/s. S. R. Batliboi & Co. LLP, Chartered Accountants (“Statutory Auditors”), in terms of Regulations 33 and 52 of the Listing Regulations. The Statutory Auditors have issued an unmodified conclusion on the Financial Result. (c) Certificate from the Statutory Auditors on Security Cover, Compliance with all Covenants and book value of assets as at September 30, 2026 in terms of Regulation 54 read with Regulation 56(1)(d) of the Listing Regulations. (d) Amended Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information as Annexure - A (e) Disclosure pursuant to Regulation 30 of the Listing Regulations read with SEBI master Circular No. Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as Annexure - B. The above shall also be made available on the website of the Company at www.jkcement.com. Further, pursuant to SEBI Circular HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024 read with relevant circulars issued by stock exchanges in this regard, the following disclosures are being made: (a) Financial Results – Enclosed (b) Statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. – Not Applicable (c) Disclosure of outstanding default on loans and debt securities – Not Applicable (d) Disclosure of related party transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) – will be filed along with XBRL for financial results. (e) Statement on impact of audit qualifications (for audit report with modified opinion) submitted along-with annual audited financial results (standalone and consolidated separately) (applicable only for annual filing i.e., 4th quarter) – Not Applicable. The meeting of the Board of Directors commenced at 1:05 P.M. (IST) and concluded at 2:08 P.M. (IST). You are requested to kindly take the above on record. Thanking you. Yours faithfully, For J. K. Cement Limited Bhumika Sood Company Secretary & Compliance Officer Encl: As above Annexure- A J. K. CEMENT LIMITED INTERNAL CODE OF CONDUCT TO REGULATE, MONITOR AND REPORT TRADING BY DESIGNATED PERSONS AND CODE OF PRACTICES AND PROCEDURES FOR FAIR DISCLOSURE OF UNPUBLISHED PRICE SENSITIVE INFORMATION DOCUMENT CONTROL Created By Company Secretarial Department Reviewed By Chairperson, Audit Committee Approved By Board of Directors Effective from (Date) October 24, 2026 Version 3.0 1. PURPOSE AND REGULATORY FRAMEWORK 1.1 J. K. Cement Limited (the “Company”) is committed to maintaining the highest standards of integrity, transparency and fairness in its dealings in securities of the Company and in the handling and dissemination of Unpublished Price Sensitive Information (“UPSI”). 1.2 This Internal Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (the “Code”) has been formulated by the Managing Director and approved by the Board of Directors of the Company in accordance with the requirements of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time (the “SEBI PIT Regulations”), and comprises (a) the code of conduct to regulate, monitor and report trading by Designated Persons and their Immediate Relatives, framed under Regulation 9 read with Schedule B and Regulation 9A of the SEBI PIT Regulations, and (b) the code of practices and procedures for fair disclosure of Unpublished Price Sensitive Information, framed under Regulation 8 read with Schedule A of the SEBI PIT Regulations. 1.3 The Code is intended to: (a) regulate, monitor and report trading in securities of the Company by Designated Persons and their Immediate Relatives; (b) prevent trading in securities of the Company by persons in possession of UPSI; (c) establish principles and procedures for identification, handling, communication and protection of UPSI; (d) prescribe appropriate controls for prevention of misuse or leakage of UPSI; (e) establish procedures for pre-clearance, trading window closure, disclosures and monitoring of trades, wherever applicable; (f) provide a framework for maintaining the Structured Digital Database and other records requir [Showing first 8,000 characters — download PDF for full document]