J.K. Cement shareholders approve borrowing limit increase, new director
J.K. Cement Limited announced on December 11, 2025, that its shareholders have approved three special resolutions via postal ballot, with results received on December 10, 2025. The approved resolutions include the appointment of Alok Dhir as a non-executive independent director, an increase in the company's borrowing limits, and the creation of security by way of charge, mortgage, or hypothecation.
The resolution to increase borrowing limits garnered 65,831,517 votes in favour, or 99.59% of the total votes polled, while the resolution for creating security received 65,832,913 votes in favour, also representing 99.59% of votes polled. Alok Dhir's appointment amounted to 58,435,077 votes, representing 88.40% of the total votes polled. These approvals signify robust shareholder support for the company's strategic financial and governance initiatives.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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