JK Lakshmi Cement Limited has been officially named the preferred bidder for the New Umrangso Limestone Block located in Assam, following an e-auction organized by the Government of Assam. The company shared this development through a regulatory filing with stock exchanges in compliance with Regulation 30 of the SEBI Regulations.
The newly secured limestone block covers an area of 200 hectares. Limestone is a vital raw material used in the manufacturing of cement, making access to quality reserves essential for maintaining production efficiency. Securing this block provides the company with enhanced raw material security and supports its manufacturing operations in the northeastern region.
This official disclosure was communicated to both stock exchanges by the Company Secretary to ensure full regulatory compliance. The acquisition strengthens the mineral resource portfolio of JK Lakshmi Cement, establishes a stronger industrial presence in Assam, and ensures long-term raw material availability for sustained operations.
JK Lakshmi Cement Named Preferred Bidder for Assam Limestone Block
Source - Google News - Northeast India
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