Proposed to make a further investment in Equity Shares of Mehrauni Electro Power Pvt Ltd.

JKCL/SE/2026-27/47 July 29, 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 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Proposed to make a further Investment in Equity Shares of Mehrauni Electro Power Private Limited Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we hereby inform you that J. K. Cement Limited (“the Company”) is being further investing in the equity share capital of Mehrauni Electro Power Private Limited (“the SPV”) by subscribing 49,08,750 (Forty-Nine Lakh Eight Thousand Seven Hundred & Fifty) Equity shares at a face value of Rs. 10/- per share aggregating to Rs. 4,90,87,500 (Rupees Four Crore Ninety Lakhs Eighty-Seven Thousand Five Hundred only), representing 18.31% of the equity share capital of SPV (post allotment), pursuant to the execution of Second Supplementary Shareholders’ Agreement (SSHA). The details as required under the aforesaid Listing Regulations, read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure-A. The date and time of occurrence of event : July 29, 2026 at around 3:00 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 M. No. ACS- 19326 Prism Tower, Ninaniya Estate, Gwal Pahari Gurugram, Haryana - 122102 Encl: As above Annexure-A 1 Name of the target entity, details in brief Mehrauni Electro Power Private Limited (SPV) such as size, turnover etc. Financial parameter of target entity as on 31.03.2025: Particular Amount (In crore) Turnover Nil PAT (0.13) Networth (0.13) 2 Whether the acquisition would fall within This acquisition does not fall under related party related party transaction(s) and whether transaction. The promoter/ promoter group/ the promoter/ promoter group/ group group companies do not have any interest in the companies have any interest in the SPV. Further, the transaction is undertaken at entity being acquired? If yes, nature of arm’s length. interest and details thereof and whether the same is done at “arm’s length” 3 Industry to which the entity being Renewable energy - setting up, generating and acquired belongs distributing power from Renewable power plants in India. 4 Objects and impact of acquisition This investment is pursuant to the Power (including but not limited to, disclosure of Purchase Agreement/ Shareholder Subscription reasons for acquisition of target entity, if Agreement and strengthens the Company’s long- its business is outside the main line of term renewable energy strategy. business of the listed entity) 5 Brief details of any governmental or Not applicable regulatory approvals required for the acquisition 6 Indicative time period for completion of Not applicable the acquisition 7 Consideration - whether cash Cash consideration consideration or share swap or any other form and details of the same 8 Cost of acquisition and/ or the price at Proposed to subscribe 49,08,750 Equity shares which the shares are acquired at Rs. 10 per share, aggregating to 4,90,87,500 (Rupees Four Crore Ninety Lakhs Eighty-Seven Thousand Five Hundred only) 9 Percentage of shareholding/control 18.31% of the equity share capital of SPV (post acquired and / or number of shares allotment) acquired 10 Brief background about the entity Mehrauni Electro Power Private Limited acquired in terms of products / line of (MEPPL), a company incorporated under the business acquired, date of Companies Act, 2013, having CIN incorporation, history of last 3 years U35105DL2023PTC422273 and its registered turnover, country in which the acquired office at 904, 9th Floor, Krishna Apra Business entity has presence and any other Square, Netaji Subhash Place, Pitampura, Delhi significant information (in brief) – 110 034. MEPPL is a special purpose vehicle established by the Onward Solar Power Private Limited, which is currently establishing a facility with 40 MW AC capacity solar power plant, at Village-Bihariya, Tehsil-Bara, Prayagraj-District, within Uttar Pradesh, on a Group Captive model envisaged under the Electricity Laws” This project as per PPA with MEPPL and Onward Solar Private Limited for supplying solar power to our Prayagraj plant. Details of last three year’s turnover: Financial year Amount (In crore) 2024-25 Nil 2023-24 Nil 2022-23 NA MEPPL was incorporated in 2023. For J. K. Cement Limited Bhumika Sood Company Secretary & Compliance Officer M. No. ACS- 19326 Prism Tower, Ninaniya Estate, Gwal Pahari Gurugram, Haryana - 122102