J.K. Cement Limited has been declared the ‘Preferred Bidder’ for the mining lease of Dommarnandyala Block-3 in the YSR Kadapa District of Andhra Pradesh. This significant development follows an e-auction conducted by the Andhra Pradesh Government. The mining area spans approximately 1,188 hectares. The company received official confirmation of its preferred status on March 18, 2026, marking a strategic expansion in resource security.
Announcement of Preferred Bidder Status
J.K. Cement Limited officially informed the stock exchanges on March 19, 2026, regarding its successful participation in a recent e-auction. The Company has been designated as the ‘Preferred Bidder’ for securing the Mining Lease of Dommarnandyala Block-3.
Details of the Mining Lease Award
This newly secured asset is located in the YSR Kadapa District, Andhra Pradesh. The total area covered by the mining lease for Block-3 is substantial, spreading over approximately 1,188 hectares. The official communication confirming this preferred status was received by J.K. Cement on March 18, 2026, at approximately 7:19 PM (IST).
Corporate Compliance
The management confirmed that this material information is also being made publicly available on the Company’s official website, www.jkcement.com, for comprehensive disclosure to all stakeholders.
Source: BSE
