JK Cement Limited has informed the Exchange about General Updates
JKCEMENT · price
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JK Cement Limited has been declared as the 'Preferred Bidder' in an e-auction conducted by the Government of Rajasthan for the mining lease of Karunda Limestone Block-I. The limestone block covers an area of 35.98 hectares and is located in Chittorgarh, Rajasthan. This acquisition is part of JK Cement's strategy to secure limestone resources, which is a key raw material for cement manufacturing. The company received confirmation of being the preferred bidder on April 22, 2026.
This is a positive development for JK Cement as securing a limestone mining lease strengthens its raw material supply chain and vertical integration, potentially reducing production costs in the long term.