Birla Corporation Limited has been declared the ‘Preferred Bidder’ for the Tadas Limestone Block-II located in District Nagaur, Rajasthan. The announcement was made under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015.
According to a notification dated July 10, 2025, issued by the Director of Mines & Geology, Government of Rajasthan, Birla Corporation secured the position with the highest final price offer of 63.50%. The limestone block spans an area of approximately 160.39 hectares, marking a significant addition to the company’s raw material reserves.
The official communication regarding the bid status was received by Birla Corporation at around 12:20 PM IST on July 10, 2025. This development aligns with the company’s ongoing efforts to strengthen its resource base and enhance cement manufacturing capacity in the region.
In the meantime, shares of Birla Corporation closed at ₹1,388.00 on July 10, slightly lower from the day’s open of ₹1,398.50. The stock touched an intraday high of ₹1,420.10 and a low of ₹1,385.20. Birla Corp remains well above its 52-week low of ₹910.25 but is still trading below its 52-week high of ₹1,611.95.