JSWCEMENT

- JSW Cement filed an Investor Presentation dated August 2026 on 28.08.2026. - The company has a current grinding capacity of 24.10 MTPA and clinker capacity of 9.74 MTPA. - JSW Cement is India's single largest manufacturer of GGBS, with 41% of total volume sold as GGBS in FY26. - It demonstrated strong CAGR (FY16-FY26) in Grinding Capacity (14.7%), Sales Volume (14.2%), and Operating EBITDA (15.6%). - The company aims to grow to ~43 MTPA and develop a pan-India presence, emphasizing its lowest CO2 emission intensity.

- JSW Cement Limited received a Show Cause Notice from the Joint Commissioner, Haldia CGST & CX Commissionerate on August 25, 2026. - The notice alleges wrong availment of excess ITC of ₹13.90 Cr during FY 2020-21, proposing recovery of this amount along with interest and penalty for alleged suppression of facts. - The company is in the process of filing a reply in the said matter.

- JSW Cement received a Show Cause Notice from the Additional Commissioner, Central Tax (Audit), Guntur, on August 20, 2026. - The notice demands GST aggregating to ₹81.03 Crores, along with applicable interest and penalty, for alleged contraventions during FY 2020-21 to FY 2022-23. - Allegations include irregular reduction of post-sale discounts, short payment of GST, failure to furnish supply proof for SEZ units, and wrong/excess Input Tax Credit availment. - The company is in the process of filing a reply and states there is no material impact on the company.