JK Lakshmi Cement has been declared the ‘Preferred Bidder’ in an e-auction conducted by the Government of Assam. The award grants the company the Mining Lease for the New Umrangso Limestone Block. This block is significant, covering a total area of 200 hectares. This development secures a crucial resource supply for the company’s future production capacity in the region, as announced on March 13, 2026.
Securing Key Mining Lease in Assam
JK Lakshmi Cement Limited has successfully participated in a competitive e-auction organized by the Government of Assam. Following the process, the company officially received the status of ‘Preferred Bidder’ for a vital mining operation.
Details of the Limestone Block Acquisition
The awarded lease pertains to the New Umrangso Limestone Block located in Assam. This block is an essential natural resource acquisition, covering an expansive area of 200 hectares. Securing this lease is strategic for bolstering the company’s raw material reserves and supporting long-term manufacturing needs.
Official Communication
The confirmation of this award was formally disclosed to the stock exchanges on March 13, 2026. The announcement was signed by Amit Chaurasia, the Company Secretary, on behalf of JK Lakshmi Cement Limited.
Source: BSE