Birla Corporation Limited has informed the Exchange about Intimation of declaration as Preferred Bidder in the e-auction for Tadas Limestone Block-II District Nagaur.
BIRLACORPN · price
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Birla Corporation has been declared the Preferred Bidder by the Government of Rajasthan (Director of Mines & Geology) for the mining lease of Tadas Limestone Block-II in District Nagaur, Rajasthan. The company won with the highest final price offer of 63.50%. The block spans 160.3882 hectares and is meant for limestone mining, which is a key raw material for the company's cement business. The company received this intimation on 10th July 2025 and the disclosure has been made under SEBI Listing Regulations.
Positive for the company as it secures additional long-term limestone reserves, strengthening raw material security and supporting its cement manufacturing operations. This may be viewed favourably by the market as it reduces future raw material dependency risks.