JK Cement Limited has informed the Exchange about General UpdatesSelected as Preferred Biddier for Dommarnandyala Block-3 of Limestone Block situated in YSR Kadapa District, Andhra Pradesh
JKCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JK Cement Limited has been declared the 'Preferred Bidder' in a Government of Andhra Pradesh e-auction for the mining lease of Dommarnandyala Block-3, a limestone block spread over 1,188 hectares in YSR Kadapa District. The company received this information on March 18, 2026. This is a key raw material acquisition since limestone is the primary input for cement manufacturing, and securing a captive limestone source strengthens long-term supply security. The financial value of the bid has not been disclosed in the filing.
Positive for shareholders — locking in a large captive limestone reserve supports JK Cement's vertical integration, reduces dependence on third-party suppliers, and secures raw material availability for future capacity expansion. However, the lack of disclosed bid value means the immediate financial impact is unclear.