JK Cement Acquires Stake in Saifco Cements for ₹150 Crore

JK Cement, a big company, is now partners with Saifco Cements in Jammu & Kashmir!

JK Cement bought 60% of Saifco for ₹150 crore, making it the first major cement maker to have a factory in Srinagar.

Saifco makes cement in Srinagar, and now JK Cement will help run the company.

This means the JK Cement now owns the majority of Saifco and will help manage the business.

Saifco's director is excited, saying this will help build infrastructure and create jobs in the area.

JK Cement hopes to make a big difference in the region, while Saifco believes it will boost the local economy and bring more growth for the people there.

JK Cement has a big cement capacity, and they hope to make their brand big in the region.