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JK Lakshmi Cement Ltd share price today (on 16 April 2024).

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BSE: 500380 | NSE: JKLAKSHMI | ISIN: INE786A01032 Market Cap: [Rs.Cr.] 1,165 | Face Value: [Rs.] 5 Industry: Cement - North India

JK Lakshmi Cement Limited incorporated in the year 1982. It introduced Ready Mix Concrete (RMC) with the brand name JK Lakshmi Power Mix. It also launched JK Lakshmiplast the first premium branded Plaster of Paris (POP).Chronicle of the company thus began in the state of Rajasthan during the year 1938. One of the established names in the cement industry, JK Lakshmi Cement (JKLC) Ltd has state-of-the-art plant at Jaykaypuram, district of Sirohi, Rajasthan having an annual capacity of 3.65 million tonnes. With the use of the latest technology from M/s Blue Circle Industries and modern equipments from M/s Fuller International of USA, the company going from strength to strength and produce JK Lakshmi Cement, JK Lakshmi plast and JK Lakshmi Power Mix. It is also the first cement producer of Northern India to be awarded an ISO 9002 certificate and be accredited by NABL (Department of Science & Technology, Government of India) for its Lab Quality Management systems.
During the year 1993-94, the company had received an ISO 9002 certificate. The Company name was changed to J.K Corp Limited from Straw Products Ltd in 24th February of the year 1995 and also in the same year entered into Multi Product Corporation Manufacturing Paper, Cement, and Magnetic Tape. In the year 1998, the company introduced a new brand Lakshmi Chattan. The Company during the year has bagged the prestigious Greentech Safety Award 2003-04 for Safety and Environment from the Greentech Foundation and the Golden Peacock National Award for Environment Management System from the World Environment Foundation. During the year 2004-2005, the company had exited from Magnetic Tape business and in the same year, the company changed its brand name from Lakshmi Cement into JK Lakshmi Cement. The Company during the year 2004-05 commenced marketing of Ready Mixed Concrete (RMC) from Gurgaon based plant under the brand name JK Lakshmi Ready Mix Concrete. The Company name was changed to JK Lakshmi Cement Limited with effect from 6th October of the year 2005. The Company's Scheme of de-merging its Investment Division to another company had been completed in the year 2005-06. The Scheme of Reconstruction, Arrangement and Demerger between JKLC and Ashim Investment Company Limited (AICL) had become effective from 31st March of the year 2006. JK Lakshmi Cement Limited was declared a winner of the Golden Peacock Award for Corporate Social Responsibility for the year 2007. JKCL had commissioned its Phase I Captive Thermal Power (18 MW) plant in March of the year as its significant milestone. During the same year of 2007, the company had enhanced its Kilns, further, it started cement mills No.4 and 5.

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