Shares of The Ramco Cements Limited climbed nearly 3% after the company received a key regulatory approval from the Government of Andhra Pradesh, strengthening its long-term raw material strategy and operational flexibility. As of 9:20 AM, the shares were trading 2.11% higher at Rs 1,079.00.
In a regulatory filing, Ramco Cements confirmed that it has received approval to include Quartzite mineral in its existing limestone mining lease. The approval was granted by the Industries & Commerce (M.II) Department, Government of Andhra Pradesh, and was formally received by the company on January 3, 2026.
Details of the Andhra Pradesh Mining Approval
The approval allows Ramco Cements to extract quartzite from its existing limestone mining lease located in Kalavataka and Kotapadu villages, Kolimigundla Mandal, Nandyal district, Andhra Pradesh. This inclusion expands the scope of minerals that can be mined under the same lease, without requiring a separate mining allocation.
According to the company, the quantum of mineable quartzite reserves is yet to be determined. However, the quartzite extracted is expected to be used primarily for manufactured sand (M-sand) and pozzolanic additives, both of which are widely used in the cement manufacturing process. The mineral may also be deployed for other industrial applications that could emerge in the future.
