J.K. Cement reports commercial paper utilization for Q3 2025

J.K. Cement Limited announced that it utilized the proceeds from its commercial paper (CP) issuance for working capital purposes. This adheres to the framework for listing of commercial papers as per SEBI Master Circular no. SEBI/HO/DDHS/PoD1/P/CIR/2024/54. The company confirmed that all conditions of the offer document were met and that there was no material change in its financial status affecting the CP's credit rating.

For the quarter ended September 30, 2025, the total issuance of commercial papers by J.K. Cement was INR 400 Crores. Of this, CPs worth INR 325 Crores were redeemed during the same quarter. The report, signed by shambhu singh, vice president & company secretary, and ajay kumar saraogi, dy. managing director & cfo, includes a detailed annexure listing the specific commercial papers.

The annexure shows that five of the ten CPs issued, totaling INR 275 Crores, were redeemed by September 12, 2025. The remaining five CPs, amounting to INR 275 Crores, are outstanding as of September 30, 2025, with maturity dates extending into November and December 2025.