JK Cement Ltd (''the Company'') is delighted to inform that the Company through its wholly owned subsidiary M/s. JK Paints and Coatings Ltd proposes to initially /at first tranche invest an amount of INR 153 Crores (Rupees One Hundred and Fifty Three Crore Only) for acquiring 60% equity shares of M/s. Acro Paints Limited. Once acquired separate/detailed information with Annexure (as prescribed by SEBI) would be filed.