J.K. Cement Subsidiary Resolves Legal Metrology Matter, Pays Compounding Fee
J.K. Cement Limited announced on March 19, 2026, that its subsidiary, J. K. Cement Saifco Private Limited (Saifco), has resolved a matter with the office of Deputy Controller Legal Metrology Department in the Union Territory of Jammu and Kashmir. Saifco had previously received a notice on March 9, 2026, from the Department.The Department has passed an order compounding the offense upon payment of a fee of Rs. 1,00,000. The company received information regarding this order on March 18, 2026.
According to a statement from J.K. Cement, the resolution has no material financial impact on the company's operations.
Details of the Order
| Sr. No. | Particular | Details |
|---|---|---|
| 1 | Name of the Authority | Office of Deputy Controller Legal Metrology Department (Enforcement), Union Territory of Jammu and Kashmir |
| 2 | Nature and details of the action(s) taken, initiated or order(s) passed by the authority | Compounding of offense, release of seizure memo |
| 3 | Date and time of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority; | March 18, 2026 |
| 4 | Details of the violation(s) / contravention(s) alleged to be committed | N.A. |
| 5 | Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible | There is no material financial impact on the Company. |
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