JK Lakshmi Cement Limited — JV/Acquisition, 04-06-2026: Acquisition

JK Lakshmi Cement is making a strategic investment to power its operations! The company is acquiring a 26% stake in two solar SPVs, DynoSpark and Elevate Solar, for a combined total of ₹24 Cr. This move aims to establish new solar power plants at its Udaipur and Durg units. The core rationale is to secure captive solar energy, reduce electricity costs significantly, and enhance operational efficiency with competitively priced power. This directly strengthens JKLC's sustainable energy sourcing.