JK Cement Limited — JV/Acquisition, 03-12-2025: Acquisition

J. K. Cement has boosted its stake in O2 Renewable Energy V Private Limited, acquiring an additional 12.21% from JSW Neo Energy for ₹5.19 Cr. This increases J. K. Cement's total holding to 28.97%. O2 Renewable Energy operates a 22 MW wind power project that supplies power directly to J. K. Cement. This strategic move strengthens the company's long-term renewable energy strategy, aiming for greater captive power utilization and operational efficiency. The target entity reported a turnover of ₹20.29 Cr as of March 2025.