Star Cement Shares in Focus; Declared as Preferred Bidder for Mining Lease for Boro Lakhindong (West Block)

Written by: Team Angel OneUpdated on: 24 Jun 2026, 7:08 pm IST
Star Cement has been declared the preferred bidder for a mining lease in Boro Lakhindong, Assam, covering 123 hectares with 207.822 million tonnes of limestone.
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On June 24, 2026, Star Cement Limited announced its selection as the preferred bidder for a mining lease in Boro Lakhindong, District Dima Hasao, Assam, as per the exchange filing. This development follows an e-auction conducted by the Government of Assam. 

Star Cement's Successful Bid for Boro Lakhindong Mining Lease 

Star Cement Limited has been declared the preferred bidder for the mining lease of Boro Lakhindong (West Block) in District Dima Hasao, Assam. The lease covers an area of 123 hectares in the village of Boro Lakhindong, Tehsil Umrangso. 

The region, formerly known as North Cachar Hills, is rich in limestone resources, with an estimated 207.822 million tonnes available. This strategic acquisition aligns with Star Cement's operational goals in the region. 

Details of the Mining Lease 

The mining lease awarded to Star Cement is part of an e-auction process conducted by the Government of Assam. The lease area spans 123 hectares, providing access to substantial limestone resources crucial for cement production. 

Read More: NLC India Share Price in Focus; Signs MoU With IOCL for Renewable Energy Projects! 

Star Cement Q4 FY26 Earnings  

In the March 2026 quarter, Star Cement's total consolidated revenue from operations increased by 11.55% year-on-year (YoY) to ₹1,173.55 crore, up from ₹1,052.08 crore in the corresponding quarter of the previous year. This also represents a 33.36% increase from ₹880.00 crore in the December 2025 quarter.  

Net profit for the March 2026 quarter stood at ₹147.02 crore, marking a 19.42% YoY increase from ₹123.11 crore. Additionally, it showed a 98.14% increase from ₹74.20 crore in the December 2025 quarter. 

Star Cement Share Price Performance 

As of June 24, 2026, at 11:38 AM, Star Cement share price on NSE was trading at ₹212.00 up by 0.77% from the previous closing price. 

Conclusion 

Star Cement Limited has been declared the preferred bidder for a mining lease in Boro Lakhindong, Assam, covering 123 hectares with an estimated limestone resource of 207.822 million tonnes. This development follows an e-auction by the Government of Assam. 

Want to track these market movements in Hindi? Visit Angel One News for daily updates and comprehensive share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jun 24, 2026, 1:37 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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