4. the results are also being published in the newspapers
TRANSCRIPT
CEMENT Ltd
1. BSE LimitedDepartment of Corporate Services25th Floor, P.J. TowersDalal StreetMUMBAI-400001
JKLC:SECTL:SE:1922"d May 2019
2. National Stock Exchange of India Limited"Exchange Plaza"Bandra - Kurla ComplexBandra (E)MUMBAI-400051
Throu h: BSE Listin
Security Code: 500380
Dear Sir/Madam,
Re: Outcome of Board Meetin held on 22nd Ma 2019
Throu h NEAPS
Symbol: JKLAKSHMI, Series : EQ
1. Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015 (Listing Regulations), we have to inform you that the Board at itsmeeting held today, which commenced at 2. 00 P. M. and concluded at 5.00 P. M. inter alia:
(i) considered and approved audited Financial Results (standalone and consolidated) of theCompany for the quarter and financial year ended 31st March 2019;
(ii) recommended a dividend of ? 0. 75 per Equity Share of ? 5 each (15%) for the FinancialYear ended 31st March 2019. The said dividend, if declared by the Members at the ensuing AnnualGeneral Meeting (AGM), will be credited / dispatched within three weeks of the said Meeting; and
(iii) approved obtaining omnibus approval of the Shareholders for issue of Non-ConvertibleDebentures (NCDs) of upto ? 500 Crore at the ensuing AGM of the Company. Notice containingrequisite details of the NCDsJo be sent to the Shareholders, for the purpose, will be submitted to theExchange shortly.
2. In this connection, we enclose herewith the following:
(i) Financial Results (Standalone and Consolidated) for the quarter / financial year ended31 st March 2019 (audited); and
(ii) Auditors' Report on the Audited Financial Results -Standalone and Consolidated.
3. The Reports of the Auditors are with unmodified opinion with respect to the Audited FinancialStatements (Standalone and Consolidated) of the Company for the Financial Year ended 31st March2019.
4. The Results are also being published in the Newspapers as per the requirement of the ListingRegulations.
«'%^-
Admn. Office; Nehru House, 4, Bahadur Shah Zafar Marg, New Delhi 110 002; Phone: 330011 42 / 33001112; Fax: 91-011 -23722251, 23722021;E-Mail: jklc. customercare@jkmail. com; Website: www.jklakshmi. com, C IN L74999RJ1938PLC019511Regd. & Works Office: Jaykaypuram, Distt. Sirohi, Rajasthan; Phone: 02971-244409/244410; Fax: 02971-244417; E-Mail: lakshmLcement@lc. jkmail. comSecretarial Deptt. :GulabBhawan (Rear Wing), 3rd Floor, 6-A, Bahadur Shah Zafar Marg, NewDelhi-110002Phone:30179860, 33001142, 33001 112; Fax: 91-11-23739475, E-mail: [email protected]
HMICEMENT ^ LAKSHMWLAfV
MIX CONCRETE
-2- ^
5. Further, _pursuant to Regulation 54(2) of the SEBI (Listing Obligations & DisclosureRequirements) Regulations, 2015, we have to inform you that the Listed, Non-ConvertibleDebentures of the Company aggregating to ? 353, 19 Crore, outstanding as on 31st March 2019 aresecured by way of first charge on the Company's certain propertfes and the Company hasmaintained hundred percent asset cover in respect of the said NCDs.
Thanking you and assuring you of our best cooperation at all times.
YoForJKLakshmiCei
Encl:a.a.
faithful y,Limit d
(B. K. a)Sr. Vice Presi en &Company S ret ry
^...^
FOR STOCK EXCHANGE AND CO. WEBSFTEJK LAKSHMI CEMENT LIMFTED
REGD. OFFICE : JAYKAYPURAM - 7019 DIST. SIROHI RAJASTHANADMIN OFFICE : NEHRU HOUSE 4 BAHADUR SHAH ZAFAR MARG NEW DELHI - 110002
WEBSITE: WWW. JKLAKSHMIC BflENT. COM . ma« .. Ie inv rsSTATEMENT OF AUDITED FINANCIAL RESULTS
Sl.No.
Particulars
PARTI
1 Revenue from Operations2 Other Income3 Total Income T+2~4 Expenses:
a) Cost of Materials Consumedb) Purchase of Stock -in -Tradec) Changes in Inventories of Finished Goods. Work-in-Progress and Stock-in-Traded) Power and Fuele) Employee Benefit Expensef) Transport, Clearing & Forwarding charqesg) Finance Costsh) Depreciation and Amortisation Expensesi) Excise Duty')_Other nses
Tqtal^xpensesProfit before Interest.Depreclatlon & Taxes (EBITDA)
S Profit / (Loss) before Exceptional Kerns and Tax (3-4)6 Share of Profit / (Loss) of an Assodate (net of tax)7 Exceptional Items8 Profit / (Loss) before Tax (5-6+7)9 Tax Expense:
Current TaxDeferred TaxTax adjustments for earlier years
Total Tax (9)10 Net Prom/(Loss) after Tax (8-9)11 Other Comprehensive Income / (Loss) (net of tax)12 Total Comprehensive Income / (Loss) (10+11)13 Non Controlling Interest14 Total Comprehensive Income / (Loss) after Taxes
and Share of Profit / (Loss) of an Associate & Non Controlling Interest15 Paid-up Equity Share Capital (Face value ? S)16 Paid-up Debt Capita]17 Other Efluity18 Debenture Redemption Reserve19 Earnings per Share (7)
Basic / Diluted20 Debt Equity Ratto21 Net Debt Equity Ratio22 Debt Service Coveraae RaUo23 Interest Covera e Ratio
nai c m Fax No. 91 1-237222
E QUARTER AND YEAR ENDED 3
Three MonthsEnded
31.03. 19Audited
1, 172.4616.60
_t, 1B9A6
232. 3349.6157. 27
256. 3365. 37
275. 9445. 8244.62
_LQ4,37~SM^
147. 8457.40
57.40
13.970. 18
14. 1543.25
1. 1544.40
44. 40
58, 85
3.68
) YEAR ENDED 3
Previous ThreeMonths Ended
31. 12. 18Unaudited
935.0013,70
948. 70
167. 3741. 3811. 78
223. 2765. 54
229. 6247. 1445. 05
97. 7<
111. 9619.77
19.77
5.30(0.28)
5.0214.75(0.70i4.06
14.05
58. 85
1.25
1 CIN : 7499 R
1st MARCH 2019
STANDALONECorresp. ThreeMonths Ended
31. 03. 18Audited
896. 9526.37
923. 32
159. 8056. 24
(20. 85)219. 40
60.68237. 78479845.91
82. 63889.57127. 64
33.75
33.75
7. 18(10. 45)
3. 180.09
33. 841.18
32. 66
32.66
58. 85
2.88
PLC 19511
YearEnded
31.03.19Audited
38B2. 3456. 26
3 938. 60
714.99169. 7983. 93
919. 81259.86953. 32187.44179. 39
365. 64,3834. 17
471.26104A1
104. 43
27. 21(2. 34)
24. 8779. 56
0.5480. 10
80.10
58. 85352.06
1,463. 8268. 61
e.761. 060.811. 212. 51
7 In Crores
YearEnded
31.03.18
3514.1968. 10
3 SB2. 29
584.15242. 20(47. 97)
795. 87234.95872.59197.48179. 27102.04
_319,PO_"34797SB
479^6102.71
102.71
25.93(10. 36)
3. 1818. 7583.96
1.8182. 15
82.15
58. 85387.24
1.394. 3660. 10
7. 141.391.081. 212. 43
t In Crores
CONSOLIDATEDYear
Ended31.03.19
YearEnd
31.03.18Audited
4316.3158.05
4,3M^6
812.98130. 1295.76
1. 074. 7329013
1,047.39255. 47211. 02
411.584,329.19
511. 6645.17(0.04)3.70
48.83
27. 28(19.35)
0.288.21
40.62OA2
41~54(10. 67)51.71
58. 85800.18
1,425.7368.61
4.361.441. 181. 122. 00
3859.74_69. 01
_3, S^75_
662.55203. 31(41. 89)917. 34262. 51950.23263. 70207. 29111.38362.54
ASSESS500. 78
29.79(0.04)2.74
32. 49
28. 12(40 17)
3-^_CIOSH~SS6'(2-131
(11. 98)53. 17
58. 85905.97
1,384.6760.10
4.691. 761.431. 081.90
Notes: -Please refer Annexure for Notes to Accounts
(L
(i^i \. o.Place: New Delhi
Date:22'"Mav, 2019
For JK Lakshml Cement Limited
(Bharat Hart Singhania)Chairman & Managing Director
I II
KLAKSHMI CEMENT LTD.AUDITED STATEMENT OF ASSET AND LIABILITIES
Sl,No.
A
1
IParticulars
ASSETSNon-Current Assets(a) Property,(b) Capital Work-ln-Ppogress(c)(d)(e)(f)(g)(h)
(DU)
Investment PropertyGoodwillOther Intangible AssetsIntangible Assets Under DevelopmentInvestment in an AssociateFinancial Assets(i) Investments(ii) Loans(iii) Others
Deferred Tax Assets (Nel)Other Non-Current Assets
Sub - Total Non-Current Assets
2 'Current Assets
(a) Inventoriesi(b) Financial Assets
(i) Investments(ii) Trade Receivables(iii) Cash and Cash Equivalents(iv) Bank Balance other than (ill) above
I (v) Others(c) Current Tax Assets (Net)
;(d) Other Current AssetsI Sub-Total Current Assetsi TOTAL ASSETS (1+2)I
B EQUITY AND LIABILITIES1 EQUIT/
(a) Equity Share Capital(b) Other Equity
, Sub - Total EquityNon Controlling Interest
2 LIABILITIES2. 1 ]Non-Current Liabilities
;(a) Financial Liabilities(I) Borrowings(ii) Trade Payable(iii) Other Financial Liabilities
(b) Provisions(c) Deferred Tax Liabilities (Net)(d) Other Non-Cuirent Liabilities
Sub - Total Non-Current Liabilities2.2 [Current Liabilities
(a) Financial Liabilities(i) Borrowings(ii) Trade Payable
Micro and Small EnterprisesOthers
(ill) Other Financial Liabilities(b) Other Current Liabilities(c) Provisions(d) Current Tax Liabilities (Net)
Sub - Total Current LiabilitiesTOTAL EQUirc AND LIABILITIES 1+2
tCroresSTANDALONE
As at31.03. 20191
Asat31,03.2018
.Audited
2, 633. 39411.07
0. 55
5. 06
357. 3058. 10
0.8922.032B.39
3,516. 78
311.70
362.37106.57
1.9516.089.80
._ 130, 18938.65
4,455. 43
58.851.463.82
2, 791. 20226. 14
O. G1
1. 711.94
3S3.S961.940.11
19. 9826. 18
3,483.70
317. 03
440. 2496.94
3. 558.049.45
129.841,005.094,488.79
58. 851,394,36
1,522.67 1,453.21
7CroresCONSOLIDATED
-As at __ I31.03.20191
As at31.03.2018
._ Audited
3, 372. 80416. 59
0.6472. 325.15
10.81
54.621. 16
93.0828.48
.4,056.66
352.23
366. 54109. 80
2.8516. 5810.22
1.03150. 73
.. 1,009. 98...6,065. 63
5B.85.1,425.73
..1,484. 58(7. 60)
3, 554. 24226. 32
0.7070. 51
1.841. 949.72
56. 70088
73. 9726.45
4, 023. 27
355. 61
463.07101. 51
4.408.059. 701.03
134, 441,077. 815, 101. 08
58.851,384,671,443. 52
1.26
1, 260. 40 1, 398. 42 1,666. 50 1,847. 15
175. 6310.85
175.641,622. 52
58.58
6. 01505. 41516.39206. 11
5. 9711. 77
1,310. 2444SS.43
140.0810. 80
160.S7,_1, 709. 87
412.96
3. 77314.85372. 50208.72
10. 232. 68
1,325^144S8. 79
180.6312.47
.175.89
2, 035. 49
62.36
6. 01538. 79G91.44236. 31
6.4811,77
-1.S53.16S 065. 61
139. 1611.SS
.160. 65
2, 158. 51
420. 29
3. 77325. 02502.53231. 76
11.742, 68
_1,497.79S 101.08
(^ ^,
JK LAKSHMI CEMENT LTD.NOTES:
1. The Company has only one business segment namely "Cementitious Materials".
2 Competition Commission of India (CCI) vide its Order dated 19th Jan, 2017 has imposed penalty on certain CementCompanies including a Penalty of ? 6. 55 Crore on the Company pursuant to a reference filed by the Government ofHaryana. The Company has filed an appeal with Competition Appellate Tribunal (COMPAT) against the said Order.COMPAT has granted a stay on CCI Order. After the merger of COMPAT with National Company Law AppellateTribunal (NCLAT), the Company's case also stands transferred to NCLAT.
Although based on legal opinion, the Company believes that it has a good case but out of abundant caution amount of? 2.00 crores has been provided in the books durina finanaal year 2017-18.
3. With introduction of Goods and Service Tax Act 2017 w. e.f. 1st July 2017, Revenue from operations for current Twelvemonths period are not comparable with corresponding Twelve months period, since sales from 1st July 2017 are net ofGST whereas Excise duty was included in Revenue from operations and formed part of expenses till 30th June 2017
4. The Board of Directors has recommended a dividend of ? 0.75 (15%) per share for the financial year ended31s March.2019 subject to approval of members in the next Annual General Meeting.
5. The Figures for the previous periods have been regrouped / rearranged wherever necessary. The figures of lastquarters are the balancing figures between audited figures in respect of the full financial year and the published year todate figures up to the third quarter of the relevant financial years.
6. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at theirrespective meetings held on 22" May,2019,
7. Ratios have been computed as follows:Debt Service Coverage Ratio = Earning before Interest.Depredation and Tax / Interest + Prindpal repaymentInterest Coverage Ratio = Earning before Interest.Depreciation and Tax / InterestDebt Equity Ratio = Total Debt / Net WorthNet Debt Equity Ratio = Net Debt (Total Debt - Liquid Assets) / Net Worth
ForJKLaksh it Lit Limited
Place: New Delhi
Date: 22nd May, 2019(Bharat Hari Singhania)
Chairman & Managing Director
(^ ^,
SSKOTHARIMEHTA& COMPANYCHARTERED ACCOUNTTANTS
S°R^o?3n3^. T»a;d.Ye-arto..oatlResute °'JK Laxmice'"^ ""-M Pursua".
^ Regulation 33 of the SEBI (Listing Obligations and Disclosure RequkemebntsTR ;gu^uodns;ToBoard of Directors ofJK Lakshmi Cement Limited
L ^Tfoaru^doutt^u^rt!trd alOTl?d. "flnandalresute ofJKLa«ml ̂ """b
S^Hi^=^li^^apse^daenndd^Dehc<eT.be; 3^201?.'-and ^ aijdite71nd ASasta^a^ue[f^n^lns^oennS^lta?n ^ ;Lele ar,.ended_March 31' 2019' and the'reievTnrrequT^e^Tthe5^lahT«anlt hecLrcularLwhich are the resPonsibility oft'heComupanl^umla:nagcem^ a1^ehxZb<ee.nn SvedbvJhe board of dir^°fl the"Compa>nyl p01u¥r arespdo^,eb^nlisa^SS;§ili^i5£SS^
tTetSlTahne^Sra rendedMareh31-2°19andTherel ^re^;^^^^^^^2'
TTosTstda"nc^^u,dlZ"Tlc !wfthth""d't["8standards^eral^m^^a^lTdri^hlw p'a"rd_performtheauffit°~otoi"'re^^^^^^^^^^^^;h^^lone annua} financial results are fre^-terial^^^1^^^h^e)wrw^'on. a. test basis'evidence supporting the'amoun^dlscl^d^SlT, S^»"l^l"^tea!seswheK^^^^^^^!st.imatelm ade bv Management-we be"^ that our audit provides a'reasonable'°basrfo;
opinion.
31 l^r^pinio^andtolhe best of our infor^on and according to the explanationsgiven to us, these quarterly financial results as well as"theyea7to6d^recsuTt spld(0
(ii)
SaSlp^TndHLa^ordan?. w!th.the Lequirementsof Regulat'°" 33 of the
I(^t!ngobligatio^andmsclosu/^Require^^^^^^with circular no. CIR/CFD/FAC/62/2016 dated July 5; 2o76Iin'this^Trd;la^
f^La.T. lnlfa,iLview °lt he net profit inctudingother comprehensiveln come.andother_finandal informatio" forthe quarte,rended March'3^2019as well as the year to date results for the year ' -. "' arch''31"2"mq ""'
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arch 31, 2019.<?'0
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S S KOTHAR.I MEHTA~& COMPANY
CHARTERED ACCOUNTANTS
4. Further, read with paragraph 1 above, we report that the figures for the quarter endedMarch 31, 2019 represent the derived figures between audited figures in respect of thefinancial year ended March 31, 2019 and published year to date figures up to December 31,2018 being the date of the end of third quarter of the current financial year, which weresubjected to a limited review as stated in paragraph 1 above, as required under theregulation and the circular.
For S.S. Kothari Mehta & Co.Chartered AccountantsFirm Registration No. : 000756N
^^^ ^^'
Sunil WahalPartner
Membership No: 087294
Place: New Delhi
Dated: May 22, 2019
^~f
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S S KOTHAR.1 MEHTA& COMPANYCHARTERED ACCOUNTANTS
Auditors' Report on Consolidated Annual Financial Results of JK Lakshmi Cement Limited Pursuantto the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
ToBoard of Directors ofJK Lakshmi Cement Limited
1) We have audited the consolidated financial results ofJK Lakshmi Cement Limited (herein afterreferred to as "the Holding Company"), its subsidiaries (the Holding Company and its subsidiariestogether referred to as " the Group") and its associate comprising of the Consolidated financialresults forthe year ended March 31, 2019 ("the statement"), attached herewith, being submittedby the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (ListingObligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No.CIR/CFD/FAC/62/2016 dated July 5, 2016. The consolidated financial results are the responsibilityof the Holding Company's management and have been approved by the Board of Directors of theHolding Company. Our responsibility is to express an opinion on these consolidated financialresults based on our audit of such consolidated financial statements, which was prepared inaccordance with the recognition and measurement principles laid down in Indian AccountingStandard, ("Ind AS") prescribed under the Section 133 of the Companies Act, 2013 read withrelevant rules issued thereunder and other accounting principles generally accepted in India andthe relevant requirements of Regulation 33 of the SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015.
2) We conducted our audit in accordance with the auditing standards generally accepted in India.Those standards require that we plan and perform the audit to obtain reasonable assurance aboutwhether the financial results are free of material misstatement(s). An audit includes examining,on a test basis, evidence supporting the amounts disclosed as financial results. An audit alsoincludes assessing the accounting principles used and significant estimates made by management.We believe that our audit provides a reasonable basis for our opinion.
3) In our opinion and to the best of our information and according to the explanation given to us,and based on the consideration of the reports of other auditors on separate financial statementsand the other financial information of Subsidiaries and associates as referred to in paragraphabove, these years ended consolidated Ind As financial results:
(i) Includes the financial results for the year ended March 31, 2019 of the following entities:a. Hansdeep Industries and Trading Company Limited, (Subsidiary)b. Udaipur Cement Works Limited, (Subsidiary)c. Ram Kanta Properties Private Limited (Indirect Subsidiary) andd. Dwarkesh Energy Limited (Associate);
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JPage 1 of 2
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Plot No. 68, Okhla Industrial Area, Phase-111, New Delhi-110020Tel: +91-11-4670 8888 E-mail: [email protected] www. sskmin. com
S S KOTHAR. I MEHTA& COMPANYCHARTERED ACCOUNTANTS
(ii) are presented in accordance with the requirements of Regulation 33 of the SEBI (ListingObligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No.CIR/CFD/FAC/62/2016 dated July 5, 2016 in this regard; and
(iii) give a true and fair view of the consolidated net profit including other comprehensiveincome and other financial information for the consolidated financial results for the yearended March 31, 2019.
4) We did not audit the financial statements/financial information of two subsidiaries and indirectsubsidiary whose financial statements/financial information reflect total assets of Rs. 1395.84crores as at March 31, 2019, the total revenue of Rs. 757.10 crores for the year ended March 31,2019, total net profit/(loss) aftertax Rs. (38. 91) crore and total comprehensive income/(loss) Rs.(0. 12) crore, as considered in the consolidated financial results. The consolidated financial resultsalso include the Group's share of net loss of Rs. (0. 04) crore, as considered in the consolidatedfinancial results in respect of an associate, whose financial statements/financial information havebeen not audited by us. These financial statements and other financial information have beenaudited by other auditors whose audit reports have been furnished to us by the management forthe year ended March 31, 2019 and our opinion on the consolidated financial results, in so far asit relates to the amounts and disclosure included in respect of these subsidiaries and associates,is based solely on the report of other auditors.
Our opinion on the Statement is not modified in respect of the above matters with respect to ourreliance on the work done and the reports of the other auditors.
For S.S. Kothari Mehta & Co.Chartered Accountants
Firm Registration No: 000756N
c^
SunilWa alPartnerMembership No: 087294Place: New Delhi
Dated: May 22, 2019
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Page 2 of 2
CEMENT Ltd
JKLC/NCDs/20122nd May 2019
The BSE LtdPhiroze Jeejeebhoy Towers,Dalal Street,Mumbai-400001Securi Code:955514 955515 955516 948257 946504
Sub: Half Yearl communication ursuanttoRe ulation 52 4 oftheSEBI Listin Obli ations&Disclosure Re uirements Re ulations 2015
Dear Sir/Madam,
Pursuant to Regulation 52(4) of the SEBI (Listing Obligations & Disclosure Requirements)Regulations, 2015 [SEBI LODR Regulations, 2015], we are giving below the figures for the Half Year ended31st March, 2019, in respect of the Non- Convertible Debentures issued by the Company upto that date:
s.No
Particulars
1. Credit Rating
2. Asset Cover Available
3. Debt-Equity Ratio4. Previous due date for
the payment of interest/ principal and whetherthe same has been paidor not
NCDs of Series B-2 ofRs. 60 Crore0/s. Rs.20 Cr.
"CARE AA-" (Double AMinus) by CARE Ratings
Ltd.
"BWRAA"(pronounced as BWR
Double A) by BrickworkRatings
1.48 Times
1.06 TimesPrevious due date of
Principal (partredemption) of NCDs ofSeries B-2 was 4thFebruary 2019 which waspaid on 4th February 2019
Previous due date of
Interest in respect ofNCDs of Series B-2 was31st March 2019 and waspaid on 30th March 2018.
The outstanding NCDs ofSeries B-2 of Rs. 20 Croreshall be redeemed on04. 02.2020 at the end of10th year from the date ofallotment i. e 4th Febmary2010
NCDsofRs.49.79Crore
0/s. Rs. 33. 19Cr.)"CARE AA-"
(Double A Minus) byCARE Ratings Ltd.
1.48 Times
1.06 TimesPrevious due date of
Interest & Principal(part redemption) was20th July 2018 whichwere paid on 20 July2018.
The outstandingNCDs of Rs. 33. 19Cr. shall be redeemed
in two equal annualinstallments at theend of 7th year (on20.07.2019) & 8thyear (on 20. 07. 2020)from the Date ofAllotment i.e. 20thJuly 2012.
NCDsofRs. 300Crore
(O/s. RsJOOCr.
"CARE AA-" (DoubleA Minus) by CARE
Ratings Ltd,
1. 48 Times
1. 06 TimesPrevious due date ofInterest on NCDs was6th January 2019 whichwas paid on 6th January2019.
The said NCDs shall beredeemed in threeannual installments atthe end of 3rd year (on06. 01.2020), 4th year(on 06.01.2021) & 5thyear (on 06.01.2022)from the Date ofAllotment i.e. 6thJanuary 2017
*<"<
'^..^
Admn. Office; Nehru House, 4, Bahadur Shah Zafar Marg, New Delhi 110 002; Phone: 33001 142 / 33001112; Fax: 91.01 1-23722251, 23722021;E-Mail: [email protected]; Website: www.jklakshmi.com, C I N L74999RJ1938PLC019511Regd. & Works Office: Jaykaypuram, Distt. Sirohi, Rajasthan; Phone: 02971-244409/ 244410; Fax: 02971-244417; E-Mail: lakshmLcement@lc. jkmail. com
JftlfASfS.Hffll, tA HMWLAST'PLASTER OF fA It I S READY WlUt CONCRBTB
-2-
S. Particulars NCDs of Series B-2 ofNo Rs. 60 Crore
0/s. Rs. 20 Cr.Based on above, the partPrincipal amount ofNCDsof Series B-2 of Rs. 20Crore was redeemed
during the Half Yearended 31st March 2019.
NCDsofRs.49.79Crore
0/s. Rs.33.19 Cr.Based on above, nopayment towardsPrincipal was dueduring the Half Yearended 31st March,2019.
NCDsofRs. 300Crore
0/s. Rs.300 Cr.Based on above, nopayment towardsPrincipal was dueduring the Half Yearended 31st March,2019.
5. Next due date for the Next Interest on Next Interest will be
6.
7.
8.
9.
10.
11.
paymentprincipal
of interest /
Debt Service CoverageRatio
Interest CoverageRatio
Capital RedemptionReserve/Debenture
Redemption ReserveNet worth
Net Profit /(Loss) AfterTaxEamin s Per Share
outstanding NCDs ofSeries B-2 of Rs. 20 Crorewill be due for payment on4th February 2020alongwith finalredemption of Principal ofNCDs of Series B-2(Rs.20 Crore)
1.21 Times
2. 51 Times
Rs. 68. 61 Crore(Ason31.03.2019)
Rs. 1522.67 Crore(Ason31.03.2019)
Rs. SO. lOCrore
due for payment20th July 2019.
on
2nd Installment ofredemption ofPrincipal will be dueon 20th July 2019.
1. 21 Times
2.51 Times
Rs. 68. 61 Crore(Ason31. 03.2019)
Rs. 1522.67 Crore(Ason31. 03. 2019)
Rs. 80. 10Crore
Rs. 6. 76 er Share
Next Interest will bedue for payment on 6thJanuary 2029.
1st Installment ofredemption of Principalwill be due on 6January 2020.
1.21 Times
2. 51 Times
Rs. 68.61 Crore(Ason31. 03.2019)
Rs. 1522.67 Crore(Ason31. 03.2019)Rs. SO. lOCrore
Rs.6.76 er ShareRs. 6. 76 er Share
We are enclosing herewith certificate under Regulation 52(5) of the SEBI LODR Regulations, 2015, ofthe Debenture Trustee regarding taking note of the above contents in respect of aforementioned debentures, foryour reference.
The said NCDs are listed on Wholesale Debt Market (WDM) segment ofBSE Limited.
Thanking you,Certifi to be tme
For JK. Lakshmi Cem n Limit
End: a.a
(B.K. D )Sr. Vice President & Company Seer y
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IDBI Tmsteeship Services LtdON : U65991MH2001GOI131154 IDBI trustee
22 May, 2019
ToThe Board of DirectorsJK Lakshmi Cement LtdNehru House, 4Bahadur Shah Zafar MargNew Delhi-110002
Re: Certificate under Re ulation 52 5 of the SEBI Listin Obli ations and DisclosureRe uirements Re ulations 2015
Sir,
This is to certify that, we, IDBI Tmsteeship Services Limited, Debenture Trustee to Non-Convertible Debentures issued and allotted by JK Lakshmi Cement Ltd (JKLC), from time to time,has taken note of the contents of disclosures being made by JKLC to BSE Limited under Regulation52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Thanking you,
Yours faithfully,For IDBI Trusteeship Servic s Limited
Authorised Signatory
Regd. Office : Asian Building, Ground Floor, 17, R. Kamani Marg, Ballard Estate, Mumbai 400 001.Tel. : 022-4080 7000 . Fax : 022-66311776 . Email: [email protected] . [email protected]
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