Receipt of order from ROC-Uttar Pradesh-I imposing penalty for delay in update Form BEN-2

J.K. Cement received an order from ROC Uttar Pradesh-I on October 06, 2026.

Tue 6 Oct 2026

Penalty on Company

Rs. 2,64,500

Penalty on Officers in Default

four officers: Rs. 90,800 each

Penalty Reason and Order Date

delay in update Form BEN-2; order received from ROC Uttar Pradesh-I on October 06, 2026

What the company disclosed

J.K. Cement has informed the stock exchanges that it received an order from the Registrar of Companies, ROC Uttar Pradesh-I, on October 06, 2026 at 3.55 P.M. The order was received by the company as intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The order follows a voluntary application shared by the company for adjudication of penalties under Section 454 of the Companies Act, 2013, in which it admitted the delays in update Form BEN-2 in respect of Significant Beneficial Owner (SBO). The penalty has been imposed under Section 90(11) for violation of Section 90(4) of the Companies Act, 2013 read with Rule 4 of the Companies (Significant Beneficial Owners) Rules, 2018, on the company and its officer(s) in default.

Who was penalised and by how much

• J. K. Cement Limited: Rs. 2,64,500
• Dr. Raghavpat Singhania (Managing Director): Rs. 90,800
• Mr. Madhavkrishna Singhania (Joint Managing Director & CEO): Rs. 90,800
• Mr. Ajay Kumar Saraogi (Dy. Managing Director & CFO): Rs. 90,800
• Mr. Shambhu Singh (Previous Company Secretary): Rs. 90,800

What the company said about the impact

The company stated that the order does not have major financial impact on the Company.

In simple terms

Form BEN-2 is a update a company makes about its Significant Beneficial Owners, that is, the individuals who ultimately hold a beneficial interest above the prescribed threshold in the company. This order relates to a delay in that update.

The monetary figures involved in this order are the penalties listed above, payable by the company and the named officers in default. The company's own stated position is that there is no major financial impact from the order.

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