BSECompany Update6d ago · 13 Aug 2026, 08:43 pm

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JSW Cement Ltd · 544480

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JSW Cement Ltd has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and has also approved the raising of funds up to Rs. 500 crores through the issuance of rated and listed Non-Convertible Debentures on a private placement basis.

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Earnings Impact6/10
Growth Catalyst4/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10

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JSW Cement Ltd - 544480 - Announcement under Regulation 30 (LODR)-Raising of Funds

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Cement Limited JSW Centre Opp. MMRDA Ground, Bandra Kurla Comp lex, Bandra (East), Mumbai - 400 051. Tel : +91-22-4286 1000 Fax : 26502001 W CIe Nb s :–it e w 57w Mw H.js 2w 00c 6em PLe Cnt 1.i 6n 0 839 Date: 13.08.2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, 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.: Outcome of the Board Meeting of JSW Cement Limited held on 13th August, 2026. Ref.: Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, This is to inform you that Board of Directors of JSW Cement Limited has, in its meeting held today i.e. on Thursday, 13th August, 2026, inter alia considered and approved the following: 1. Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June, 2026 (“Unaudited Financial Results”). Pursuant to the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Regulations”), please find enclosed herewith: (i) Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2026; and (ii) Limited Review Report dated 30th June, 2026, issued by the Statutory Auditors of the Company with respect to the Unaudited Financial Results and taken on record by the Board of Directors of the Company. Cement Limited JSW Centre Opp. MMRDA Ground, Bandra Kurla Comp lex, Bandra (East), Mumbai - 400 051. Tel : +91-22-4286 1000 Fax : 26502001 W CIe Nb s :–it e w 57w Mw H.js 2w 00c 6em PLe Cnt 1.i 6n 0 839 2. Raising of Funds Raising of funds up to Rs. 500 crores through, inter-alia, the issuance of rated and listed Non-Convertible Debentures on a private placement basis and has authorised the Finance Committee to decide on all matters relating to the issuance of the Debentures from time to time, including finalization and approval of the detailed terms of issue. The Board Meeting commenced at 2:30 p.m. and concluded at 5:40 p.m. Kindly take the same on record. Thanking you, Yours sincerely, For JSW Cement Limited Sneha Bindra Company Secretary & Compliance Officer Deloitte Chartered Accountants Commerz Ill, 30th & 31st floors Haskins & Sells LLP International Business Park Oberoi Garden City Off. Western Express Highway Goregaon (East) Mumbai-400 063 Maharashtra, India INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF JSW Cement Limited 1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of JSW Cement Limited ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), and its share of the net profit after tax and total comprehensive income of its associate and joint ventures for the quarter ended June 30, 2026 ("the Statement") being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations"). 2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Compi'lnies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of Parent's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the following entities: I. Parent: JSW Cement Limited II. Subsidiaries: a. Shiva Cement Limited b. Utkarsh Transport Private Limited c. JSW Green Cement Private Limited ct. Cemterra Enterprise Private Limited e. JSW Cement Middleeast L.L.C - SPC III. Joint venture i. JSW One Platforms Limited (Consolidated) JSW Cement FZC ice: One International Center, Tower 3, 31st floor, Senapati Ba pat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737 Deloitte Haskins & Sells LLP IV. Associate JSW Renewable Energy (Cement) Limited 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. We did not review the interim financial results of 4 subsidiaries included in the consolidated unaudited financial results, whose interim financial results reflect total revenue of Rs. 331.58 crores for the quarter ended June 30, 2026, total net loss after tax of Rs. 20.54 crores for the quarter ended June 30, 2026, total comprehensive loss of Rs. 19. 77 crores for the quarter ended June 30, 2026, as considered in the Statement. The consolidated unaudited financial results also includes the Group's share of profit after tax of Rs. 12. 72 crores for the quarter ended June 30, 2026, and total comprehensive income of Rs. 12. 72 crores for the quarter ended June 30, 2026 as considered in the Statement, in respect of 1 joint venture and 1 associate, whose interim financial results have not been reviewed by us. These interim financial results have been reviewed by other auditors whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, joint venture and associate, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of this matter. 7. The consolidated unaudited financial results includes the interim financial results of 1 subsidiary which has not been reviewed by their auditor, whose interim financial results reflect total revenue of Rs. NIL for the quarter ended June 30, 2026, total loss after tax of Rs. 8,931 for [Showing first 8,000 characters — download PDF for full document]