Nidhipati Singhania’s JK Cement has completed the acquisition of 100 per cent stake in Toshali Cement. JK Cement ranks among the top eight cement manufacturers in the country. With Toshali Cement, it will add a further 0.6 million tonnes per annum of cement capacity. The total acquisition cost is `900 million. Toshali Cement has two units which are both operational. The first one in Odisha’s Koraput district has integrated units with 0.33 million tonne per annum of clinker capacity and 0.2 million tonne per annum of grinding capacity. The second unit in Cuttack district is a grinding unit with 0.44 million tonne per annum of cement production capacity. Toshali Cement was incorporated in 2002.Contact: JK CementTel: 0512 - 2371478 – 85