Board of JK Lakshmi Cement approves allotment of NCDs aggregating Rs 300 cr

At meeting held on 26 December 2016

JK Lakshmi Cement announced that the Board of Directors of the Company at its meeting held on 26 December 2016 approved the allotment of 3000 Listed, Secured, Rated, Redeemable, Non-Convertible Debentures of Rs 10 lakh each to Axis Bank on private placement basis for an aggregate amount of Rs 300 crore on 29 December 2016.

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