{"id":339970,"date":"2025-01-29T14:00:59","date_gmt":"2025-01-29T08:30:59","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=339970"},"modified":"2025-01-29T16:18:22","modified_gmt":"2025-01-29T10:48:22","slug":"jsa-assists-saifco-cements-private-limited-in-its-joint-venture-with-j-k-cement-limited","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/01\/29\/jsa-assists-saifco-cements-private-limited-in-its-joint-venture-with-j-k-cement-limited\/","title":{"rendered":"JSA assists Saifco Cements Private Limited in its joint venture with J.K. Cement Limited"},"content":{"rendered":"
\n

JSA<\/span> assisted Saifco Cements Private Limited<\/span> (\u201cSaifco<\/span>\u201d) in its joint venture with J.K. Cement Limited (\u201cJ.K. Cement<\/span>\u201d). The transaction included both primary issuance and secondary acquisition of shares of Saifco by J.K. Cement.<\/p>\n

Saifco is among Jammu & Kashmir\u2019s top manufactures of cement with an integrated manufacturing unit spread across 54 acres of land at Khunmoh, Srinagar, and has a clinker capacity of 0.26MTPA and grinding capacity of 0.42MTPA. Saifco has captive limestone reserves spread over on an area of 144.25 hectares with a total minable reserve of 129MnT.<\/p>\n

This acquisition represents a strategic move to expand J.K. Cement’s presence in one of the country’s fastest-growing regions, strengthening its footprint in the promising Kashmir valley. The joint venture also aligns with the government’s emphasis on enhancing infrastructure development in Jammu and Kashmir, speeding up the region’s growth. The joint venture partners aim to collaborate in expanding cement production capacity over the next five years, capitalizing on the vast limestone reserves. This is set to be one of the largest acquisitions in the cement industry within the Jammu & Kashmir region.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The transaction included both primary issuance and secondary acquisition of shares of Saifco by J.K. Cement.<\/p>\n","protected":false},"author":8808,"featured_media":340008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[77982,77980,77983,50808,77981,77979],"class_list":["post-339970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-j-k-cement","tag-j-k-cement-limited","tag-jammu-kashmir-region","tag-jsa","tag-saifco","tag-saifco-cements-private-limited"],"yoast_head":"\nJSA assists Saifco Cements Private Limited in its joint venture with J.K. Cement Limited | SCC Times<\/title>\n<meta name=\"description\" content=\"JSA assisted Saifco Cements Private Limited (\u201cSaifco\u201d) in its joint venture with J.K. 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affiliates","author":"Bhumika Indulia","date":"December 27, 2019","format":false,"excerpt":"The Competition Commission of India (CCI) approves acquisition of shares in My Home Industries Private Limited by My Home Constructions Private Limited and its affiliates. The proposed combination envisages acquisition of 50% of the shareholding of My Home Industries Private Limited (My Home Industries) by My Home Constructions Private Limited\u2026","rel":"","context":"In "Business News"","block_context":{"text":"Business News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/business_news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/10\/Competition-Commission.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/10\/Competition-Commission.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/10\/Competition-Commission.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/10\/Competition-Commission.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/10\/Competition-Commission.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":6286,"url":"https:\/\/www.scconline.com\/blog\/post\/2014\/12\/03\/complaint-against-11-cement-companies-alleging-cartelization-in-fixing-and-increasing-cement-prices-dismissed\/","url_meta":{"origin":339970,"position":5},"title":"Complaint against 11 cement companies alleging cartelization in fixing and increasing cement prices, dismissed","author":"Sucheta","date":"December 3, 2014","format":false,"excerpt":"Competition Commission of India (CCI): CCI has rejected a complaint filed against 11 cement companies of Andhra Pradesh alleging that the said manufacturers increased the price of cement per bag by Rs. 75\/- within a short span of time. It was averred in the complaint that rise in prices\u00a0 from\u2026","rel":"","context":"In "Tribunals\/Commissions\/Regulatory Bodies"","block_context":{"text":"Tribunals\/Commissions\/Regulatory Bodies","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/tribunals_commissions_regulatorybodies\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/scc-blog_Page_9.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/scc-blog_Page_9.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/scc-blog_Page_9.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/scc-blog_Page_9.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/10\/scc-blog_Page_9.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/339970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=339970"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/339970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/340008"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=339970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=339970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=339970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}