JK Lakshmi Cement has been declared the ‘Preferred Bidder’ for the Juipahar New Umrangso Limestone Block (A and B) in Assam.
The company participated in an e-auction conducted by the Government of Assam and secured the mining lease for the limestone block, which spans an area of 405 hectares. This development marks a significant step for JK Lakshmi Cement in expanding its resource base and securing essential raw materials for its operations.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Markets Desk before publication.