JK Lakshmi Cement Declared Preferred Bidder for Limestone Block in Assam

JK Lakshmi Cement Limited has announced that it has been declared the preferred bidder for a limestone mining lease in Assam. The development follows the company’s participation in an electronic auction conducted by the Government of Assam. The limestone block is expected to support the company’s raw material requirements for cement production.

Company Declared Preferred Bidder in Assam Mining Auction

JK Lakshmi Cement Limited informed stock exchanges that it has been declared the preferred bidder for the mining lease of the Juipahar New Umrangso Limestone Block (A and B) in Assam. The selection follows the company’s participation in an e-auction organised by the Government of Assam.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which requires listed companies to inform exchanges about material developments.

Details of the Limestone Block

The Juipahar New Umrangso Limestone Block consists of two segments, referred to as Block A and Block B. Together, the mining area covers approximately 405 hectares.

Limestone is a key raw material used in cement manufacturing, and securing mining rights can help cement companies maintain a stable supply for their operations.

Implications for JK Lakshmi Cement

Being declared the preferred bidder is part of the process for securing a mining lease. The designation indicates that the company has emerged as the leading bidder in the auction process.

Subject to completion of further regulatory and procedural requirements, the mining lease may support the company’s raw material sourcing strategy in the long term.

JK Lakshmi Cement Share Price Movement

Shares of JK Lakshmi Cement Limited were trading at ₹602.00 on March 13, 2026 at 09:58 AM, reflecting a decline of ₹6.60 (1.08%) from the previous close of ₹608.60.

During the trading session, the stock opened at ₹612.45, reached an intraday high of ₹625.50, and recorded a low of ₹603.00.

Read More: Jindal Steel Share Price in Focus; Declared Preferred Bidder for Iron Ore Block in Odisha.

Conclusion

JK Lakshmi Cement’s designation as the preferred bidder for the Juipahar New Umrangso Limestone Block represents a step in the process of acquiring mining rights in Assam.

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