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As on : 14-Aug-2026
Hot Pursuit
14-Aug-2026     19:09

J. K. Cement Limited and its executives face penalties totaling Rs 6.65 lakh for SBO disclosure delays

J. K. Cement Limited has received an order from the Registrar of Companies, ROC Uttar Pradesh I, imposing penalties for delays in filing Form BEN-2 related to Significant Beneficial Owner (SBO) disclosures. The company voluntarily applied for adjudication and, as a result, J. K. Cement Limited was penalized Rs 5,00,000, while Managing Director Dr. Raghavpat Singhania, Joint Managing Director & CEO Mr. Madhavkrishna Singhania, Deputy Managing Director & CFO Mr. Ajay Kumar Saraogi, previous Company Secretary Mr. Shambhu Singh, and current Company Secretary Ms. Bhumika Sood were penalized Rs 1,00,000 each, except for Ms. Sood who was penalized Rs 64,600. The order, received on August 13, 2026, does not anticipate a major financial impact on the company’s operations.

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