JK Cement, which is a large cement firm in India, will hold its board meeting on May 24, 2025. During this meeting, they will make a decision whether they will raise ₹500 crore by issuing non-convertible debentures (a means of taking loan). If the board gives their approval, they will request shareholders for their approvals in their 31st annual meeting.

They may raise the money in a lump sum or in installments within twelve months from the annual meeting.

They will also verify and authorize their financial statements for the year March 31, 2025, at the same board meeting. They may even choose to declare a final dividend on shareholders, but only if shareholders approve.

They will conduct the meeting at their office in Gurgaon.

In the previous quarter, JK Cement’s profit dipped by 33.2%. Its profit was ₹189.6 crore, down from ₹283.8 crore in the same period last year. Its revenue also declined a bit to ₹2,930.3 crore. Its EBITDA (its earnings measure) declined by 21.2% to ₹492.2 crore, and its profit margin narrowed.

Nonetheless, the stock price of the company increased by 1.62% to ₹4,960.25 since investors are optimistic regarding the decisions of the board.