JK Cement expands UAE presence with new manufacturing subsidiary

JK Cement Ltd. announced the incorporation of JK Drychem Industries LLC, an overseas wholly-owned step-down subsidiary, under UAE federal law. This new entity, established on October 10, 2025, will operate in the construction plaster products manufacturing sector and related activities.

The subsidiary has a paid-up capital of AED 300,000, divided into 300,000 equity shares of AED 1 each. The acquisition cost for JK Cement Works (Fujairah) FZC, the direct subsidiary, was AED 300,000, with JK Cement Works (Fujairah) FZC subscribing to the shares. Ajay Kumar Saraogi holds 3,000 shares in a representative capacity on behalf of JK Cement Works (Fujairah) Ltd., ensuring 100% shareholding and control.

JK Drychem Industries LLC will focus on the mentioned business activities, and its presence is currently limited to the UAE. As a newly incorporated entity, its turnover for the last three years is not applicable.