Goldman Sachs, which last reported a 2.7 percent stake in JK Lakshmi Cement Limited, has disappeared from the cement producer's latest disclosed shareholder list, indicating either a complete exit or a reduction to below the 1 percent disclosure threshold.
A manufacturer and supplier of cement and building materials across India, JK Lakshmi Cement operates as part of the JK Group conglomerate. The company produces Portland cement, ready-mix concrete, and autoclaved aerated concrete blocks for the construction and infrastructure sectors. Its integrated operations span multiple states, serving builders, contractors, and infrastructure developers through an established distribution network and manufacturing facilities.
US-based global investment bank (USD 1.6 trillion in assets, USD 3 trillion+ in client AUM through Goldman Sachs Asset Management). India FPI activity covers proprietary, market-making, client flows and active asset management mandates in listed Indian equities.
