JK Cement has received a Letter of Intent (LOI) from the Government of Madhya Pradesh for the grant of a mining lease for the Itauri-Jharkua Limestone Block. The block is located in the villages of Itauri and Jharkua, Tehsil Amanganj, District Panna, Madhya Pradesh, covering an area of 349.709 hectares. This development follows the company’s earlier announcement on March 19, 2026, when it was declared the ‘Preferred Bidder’ for the mining lease.
The company received the information regarding the LOI on May 19, 2026, at approximately 5:30 PM IST. JK Cement has made this information available on its official website, www.jkcement.com.
The mining lease is a significant step for JK Cement as it expands its resource base in the region. The limestone block will potentially enhance the company’s raw material supply for cement production, aligning with its strategic growth plans.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).