Birla Corporation Limited has informed the Exchange about Intimation of Declaration as Preferred Bidder in the e-auction for Gourum Khan Ki Dhani (South) Limestone Block by the Government of Rajasthan.
BIRLACORPN · price
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On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.3 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Birla Corporation has been declared the Preferred Bidder by the Government of Rajasthan for the mining lease of the Gourum Khan Ki Dhani (South) Limestone Block, located in Jaisalmer district, Rajasthan. The block spans 499.6394 hectares, and the company submitted the highest final price offer of 20.60%. The company received this information on June 13, 2025, and has disclosed it to the exchanges under SEBI Regulation 30.
Securing this limestone mining lease strengthens Birla Corporation's raw material base, which is positive for its cement business. However, no financial value of the block or revenue impact has been disclosed, so the near-term effect on stock price may be limited.