Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now
you are here: HomeNewsBusiness

JK Lakshmi Cement wins award for best family business led by a woman

JKCL is headed by Vinita Singhania, 69, who rose to the helm over three decades ago following the death of her husband Sripati Singhania.

April 29, 2022 / 08:23 PM IST
File image of Vinita Singhania, Managing Director of JKLC

File image of Vinita Singhania, Managing Director of JKLC

JK Lakshmi Cement Ltd (JKCL), one of India’s top cement manufacturers, was conferred the title of the best family business led by a woman at Network18's Indian Family Business Awards 2021.

The award was given to JKCL, headed by Vinitia Singhania, 69, in the mega category, which included nominees with annual revenue ranging from Rs. 1,000 crore to Rs.5,000 crore.

Singhania, who is the company’s managing director and vice chairman, rose to the helm in 1988 following the death of her husband Sripati Singhania.

Singhania's tenure has been marked by rapid expansion of JKCL’s business. Production capacity has jumped from 0.5 million tonnes per annum in 1982 to over 14 million tonnes now.