Udaipur Cement Works Limited Right Issue

Udaipur Cement Works Limited, a subsidiary company of JK Lakshmi Cement Limited, is engaged in the business of manufacturing cement and clinker.

The company's manufacturing plant is located in Udaipur, Rajasthan. The manufacturing unit has an installed manufacturing capacity of 1.50 million tonnes per annum ("MTPA") of clinker and 2.20 MTPA of cement grinding. During the Financial Years ended March 31, 2023, and March 31, 2022, the company manufactured an aggregate quantity of 1.469 MTPA and 1.305 MTPA of cement respectively.

Udaipur Cement Works Limited manufactures two types of cement:

OPC, which is marketed and sold under the brand 'Platinum Heavy Duty Cement', and
PPC, the company's premium cement, is also marketed and sold under the brand 'Platinum Heavy Duty Cement'.
The company supplies cement through a network of dealers to its retail customers. It also directly market and sell cement to institutional and bulk customers from the dumps.

As of March 31, 2023, the company has over 56 dumps and 453 dealers, through which they market and sell cement primarily in the Indian states of Rajasthan, Gujarat, and Madhya Pradesh.