J.K.CEMENT LTD. - Outcome of Board Meeting

JK Cement Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on August 03, 2015, inter alia, has:<BR><BR>1. The Board of Directors considered and/or taken note that the Company acquired 100% paid up equity capital and thereupon made Jaykaycem (Central) Ltd. (an unlisted, public limited and part of promoter group Company), its wholly owned Subsidiary. This will facilitate to implement the business plan of Jaykaycem (Central) Ltd. and/or to implement its future cement project(s).<BR><BR>2. Formulated/adopted/approved policy on Internal Financial Control for implementation in the Company.