The Exchange has sought clarification from JK Cement Limited with respect to announcement dated 06-Mar-2022 informing about Adoption of new line(s) of business.On the basis of aforesaid announcement, the Company is required to provide/clarify the following: 1. Indicative time period for completion of the acquisition; 2. Cost of acquisition or the price at which the shares are acquired; 3. Nature of consideration – whether cash consideration or share swap and details of the same; The response of the company is awaited.
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