JK LAKSHMI CEMENT LTD Dividend 2024 Record Date, Share Price, History

News: JK Lakshmi Cement Ltd, a prominent player in the Indian cement industry, has recently declared its dividend for the fiscal year 2023-2024. In this article, we’ll delve into the details of the dividend, the record date, the current share price, and a brief historical overview of the company.

Dividend Announcement

For the financial year ending March 2023, JK Lakshmi Cement has announced an equity dividend of 75.00%, amounting to Rs 3.75 per share. This dividend reflects the company’s commitment to rewarding its shareholders.

Record Date

The record date for the dividend is 21st February 2024. If you own JK Lakshmi Cement shares on or before this date, you’ll be eligible to receive the dividend. It’s essential to mark this date in your calendar if you’re a shareholder.

Share Price

As of the latest update, JK Lakshmi Cement’s share price stands at Rs 963.75. Investors should keep an eye on any fluctuations in the share price, especially around the record date.

Historical Context

JK Lakshmi Cement has a rich history in the cement industry. Established in 1982, the company has consistently delivered quality cement products to meet the growing infrastructure demands in India. Over the years, it has expanded its production capacity, improved operational efficiency, and maintained a strong market presence.

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About JK Lakshmi Cement Ltd :

JK Lakshmi Cement Limited, a proud member of the prestigious JK Organisation, stands tall as a beacon of excellence in the Indian cement industry. With over four decades of experience, we have cemented our position as a trusted name, delivering quality and innovation to construction projects across the country.

Our Legacy and Diverse Operations

The JK Organisation, with a rich history spanning over 135 years, has diversified interests in various sectors. Our industrial prowess extends beyond cement to include:

1. Tyres: We roll forward with tire manufacturing.
2. Paper: We script success in the paper industry.
3. Power Transmissions: We connect the nation with power solutions.
4. Sealing Solutions: We keep things tight and secure.
5. Dairy Products: We churn out goodness.
6. Textiles: We weave a fabric of progress.

Our Cement Journey

1. Inception: JK Lakshmi Cement was founded in 1982.

2. State-of-the-Art Plants:

• Jaykaypuram, Rajasthan: Our modern, fully computerized integrated cement plant.

• Dabok, Rajasthan: A subsidiary plant.

• Ahiwara, Chhattisgarh: Another integral part of our operations.

3. Grinding Units:

• Kalol and Surat (Gujarat)

• Jhamri (Haryana)

• Cuttack (Odisha)

4. Capacity: Our combined capacity stands at 13.9 Million MT per annum.

5. Market Presence: We dominate Northern, Western, and Eastern India’s cement markets.

6. Quality and Innovation: Our relentless focus on product quality, customer satisfaction, and innovation drives us forward.

7. Product Portfolio:

• OPC 43 & OPC 53: For diverse construction needs.

• Blended Cement (PPC, PSC, and Composite): Environmentally conscious choices.

• Colored Bags: Yes, we introduced them!

8. Value-Added Offerings:

• Ready Mix Concrete (RMC): JK Lakshmi Powermix.

• Gypsum Plaster: JK LakshmiPlast.

• AAC Blocks: JK SmartBlox.

Our Impactful Projects

We are the strength behind iconic structures:

• Indira Gandhi Nahar Pariyojna
• Sardar Sarovar Project
• Golden Quadrilateral
• Mundra and Kandla Port

Partnerships

We collaborate with India’s leading corporations:

• L&T
• Reliance
• NTPC
• Essar

Investors and stakeholders should closely monitor JK Lakshmi Cement’s performance, dividend announcements, and market trends. As the construction sector continues to thrive, cement companies like JK Lakshmi play a crucial role in shaping India’s infrastructure landscape.

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