KashmirLife

Jammu Kashmir Cements Limited Faces Strategic Disinvestment Amid Legal and Financial Challenges

SRINAGAR: The Government of Jammu Kashmir has confirmed that JK Cements Limited (JKCL) is currently undergoing a strategic disinvestment process, following an Administrative Council decision dated 19 October 2021. The process has been delayed due to ongoing legal proceedings at the National Company Law Tribunal (NCLT), Chandigarh, where JKCL was admitted into the Corporate Insolvency []