Acquisition of STLC RE 1 Limited
As filed · JK Lakshmi Cement Limited has informed the Exchange about Acquisition of STLC RE 1 Limited.
M&AWatchMajormateriality 79 out of 100
What happened
FactJK Lakshmi Cement Limited's Board of Directors approved an investment of up to ₹20.50 Crore in Equity Shares of STLC RE 1 Limited, a Special Purpose Vehicle for purchasing solar power. The decision was made during a meeting held on 5th August 2026. Further details are provided in the annexure of the filing.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
Scale
- 0.3% of FY26 revenue
₹20.5 Cr stated in the filing against ₹6,762.63 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
Watch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
Evidence
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%