Saifco Acquisition Expands JK Cement's J&K Footprint

  Published 1 year ago

JK Cement acquires Saifco expanding J&K footprint; new directors join board, enhancing cement production capacity.

  • Saifco produces 0.26 MnTPA clinker, 0.42 MnTPA cement at Srinagar plant.
  • Turnover reaches Rs 73.17 crore in FY25 post-acquisition.
  • Board reconstituted: 3 new directors, 2 from Saifco promoters.

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