Shree Cement has been announced as the Preferred Bidder following an e-auction conducted by the Government of Andhra Pradesh. The award is for the grant of a Mining Lease for the Dommarnandyala – 1 Limestone Block located in the YSR Kadapa District. The block spans a total area of 373 hectares, significantly boosting the company’s raw material security for its cement production facilities. The disclosure was made on March 17, 2026.
Key Update on Resource Acquisition
Shree Cement Limited has informed exchanges regarding its participation in a critical e-auction held by the Government of Andhra Pradesh. The objective of the auction was the grant of a Mining Lease for mineral resources essential to cement manufacturing.
Limestone Block Details
The company successfully emerged as the Preferred Bidder for the Dommarnandyala – 1 Limestone Block. This block is strategically located in the YSR Kadapa District of Andhra Pradesh. The total area covered by this mining lease amounts to 373 hectares of land, securing a substantial long-term supply of limestone for the company’s operations.
Formal Disclosure
This information, confirming the preferred bidder status, was officially disclosed on March 17, 2026, as mandated by corporate disclosure requirements. The company looks forward to finalizing the necessary procedures to secure the formal grant of the lease.
Source: BSE
