JK Lakshmi Cement has been declared the ‘Preferred Bidder’ following an e-auction conducted by the Government of Assam. The successful bid secures the Mining Lease for the highly strategic Juipahar New Umrangso Limestone Block (A and B). This acquisition covers a substantial area of 405 hectares, significantly enhancing the company’s raw material security and operational capacity in the region, as announced on March 12, 2026.
Key Development in Resource Acquisition
JK Lakshmi Cement Limited is pleased to announce a major strategic development concerning its raw material procurement. The company participated in an e-auction organized by the Government of Assam.
Following the bidding process, JK Lakshmi Cement has officially been declared the ‘Preferred Bidder’ for the Mining Lease of a significant limestone resource located in Assam.
Details of the Limestone Block
The awarded mining area is specifically designated as the Juipahar New Umrangso Limestone Block (A and B).
- Total Area: The block is spread over an expansive area totaling 405 hectares.
- Significance: Securing this lease is crucial for underpinning the long-term production capacity and operational stability of the company’s cement manufacturing facilities.
Conclusion
This successful bid, confirmed via regulatory disclosure on March 12, 2026, represents a vital step in securing long-term reserves necessary for sustained growth. The Company Secretary, Amit Chaurasia, authorized the communication on behalf of JK Lakshmi Cement Limited.
Source: BSE
