JK Cement Limited has been declared the preferred bidder for the Karunda Limestone Block-I in Chittorgarh, Rajasthan, following an e-auction conducted by the Government of Rajasthan.
In an exchange filing dated April 23, 2026, the company said the mining lease spans an area of approximately 35.98 hectares. The development is part of the company’s ongoing efforts to secure long-term raw material availability for its cement manufacturing operations.
The company noted that it received confirmation of its preferred bidder status on April 22, 2026, at around 2:09 PM IST. The formal allotment is subject to completion of statutory procedures and approvals as per applicable regulations.
The acquisition of the limestone block is expected to enhance JK Cement’s resource security and support its future capacity expansion plans, particularly in northern and western markets where the company has a strong presence.
Limestone is a key raw material in cement production, and securing captive reserves remains a critical strategic priority for cement manufacturers to ensure cost efficiencies and supply stability.
JK Cement has been actively expanding its footprint across India, and the addition of this mining asset aligns with its long-term growth strategy of strengthening backward integration.
The company said the disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Disclaimer: The above information is based on company filings and does not constitute investment advice.