Four related promoter entities—Nidhipati Singhania Family Trust, Raghavpat Singhania Family Trust, Madhavkrishna Singhania Family Trust, and another entity not fully detailed—have jointly reported the acquisition of 100 Equity Shares each in J. K. Cement Limited. The transactions, occurring via the open market on March 19, 2026, were disclosed on March 21, 2026, under SEBI Takeover Regulations. Prior to the acquisition, each trust held 0.00% stake, which increased marginally post-transaction.
Promoter Group Share Acquisition in J. K. Cement
Multiple trusts belonging to the Singhania Promoter Group have collectively announced the acquisition of equity shares in the Target Company (TC), J. K. Cement Limited. The disclosures, submitted on March 21, 2026, detail transactions carried out on March 19, 2026.
The following four entities reported individual acquisitions of 100 (One Hundred) Equity Shares each:
- Nidhipati Singhania Family Trust
- Raghavpat Singhania Family Trust
- Madhavkrishna Singhania Family Trust
The fourth entity appears to be covered under the consolidated reporting structure, as the filings indicate reporting from the overall Promoter Group.
Details of Transaction and Holding Changes
The mode of acquisition for all reported transactions was Open-market purchase. For each acquiring trust, the details are consistent:
- Before Acquisition: Holding in shares carrying voting rights was 0, representing 0.00% of total capital.
- Acquisition Details: 100 Shares carrying voting rights were acquired/sold (acquired).
- After Acquisition: The resultant holding in shares carrying voting rights is 100, reflecting a marginal increase in shareholding percentage (though the exact post-acquisition percentage is listed as 0.00% due to rounding or the low base effect on the total capital calculation provided in the forms).
Capital Structure Context
The filings note that the Equity share capital / total voting capital of the TC, both before and after the said acquisition, stood at Rs. 77,26,82,510/-. This figure implies that the acquisition of 100 shares did not materially alter the reported percentage holdings when calculated against the total diluted capital base.
Each disclosure was formally executed by the Secretary / Authorised Signatory for the respective Trusts on March 21, 2026, at Kanpur.
Source: BSE
