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- On 29 July 2026, JK Cement Limited (BSE: 532644 | NSE: JKCEMENT) announced a further equity investment in Mehrauni Electro Power Private Limited (MEPPL).
- The company subscribed 49,08,750 equity shares at a ₹10 face value, paying ₹4,90,87,500 (≈ ₹4.91 crore) in cash and securing an 18.31 % post‑allotment holding.
- The stake backs JK Cement’s renewable‑energy strategy, tying the investment to a 40 MW solar power plant at Bihariya, Prayagraj, to supply clean power for its operations.
- The transaction is arm‑length, not a related‑party deal, and required no specific regulatory approvals.
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