JK Cement has announced that JK Cement Works (Fujairah) FZC, a step-down subsidiary, has incorporated a new wholly-owned subsidiary named JK Drychem Industries LLC under UAE law. The new entity, a wholly owned step-down subsidiary, will focus on manufacturing construction plaster products. JK Drychem Industries LLC has a paid-up capital of AED 300,000, divided into 300,000 equity shares.
Overseas Expansion
JK Cement Works (Fujairah) FZC, a step-down subsidiary of JK Cement, has incorporated a new overseas wholly owned subsidiary. The new entity is named JK Drychem Industries LLC and is incorporated under the laws of the United Arab Emirates (UAE).
Details of JK Drychem Industries LLC
JK Drychem Industries LLC has a paid-up capital of AED 300,000, divided into 300,000 equity shares of AED 1 each. The entity will focus on construction plaster products manufacturing. The date of the incorporation certificate is October 10, 2025.
Business Focus
The newly incorporated entity will engage in the manufacturing of construction plaster products. It will operate within the UAE market. No governmental or regulatory approvals were required for this acquisition.
Source: BSE