JK Cement Ltd. Marks its Presence in Jammu & Kashmir - Enters into a Joint Venture Agreement with Saifco Cements Private Limited
Jan 28, 2025
New Delhi [India], January 28: JK Cement Ltd., one of the leading building materials company and one of India's leading manufacturer of grey cement, as well one of the largest producers of white cement globally, announced that it has entered into a joint venture agreement with Saifco Cements Pvt. Ltd., one of the leading cement brands in the Kashmir valley and having an enterprise valuation of INR 290 Crores. JK Cement will acquire 60% stake in Saifco Cements at a value of INR 174 Crore.
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