Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended (''''Listing Regulations''''), we wish to inform you that the Board of Directors of the Company in their Board Meeting held today has interalia considered/approved entering into Paint business through a wholly owned subsidiary, formation of new wholly owned subsidiary and investment in the said wholly owned subsidiary. Attached please find the requisite details in Annexure 1. A copy of this intimation is being uploaded on the Company''s website wwwjkcement.com and also filed/uploaded on website of BSE and NSE.