Acquisition of Mining Lease, District Satna, Madhya Pradesh.
JKLAKSHMI · price
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JK Lakshmi Cement Ltd has acquired a mining lease in Kakalpur village, Satna district, Madhya Pradesh. The lease covers 100.34 hectares and was executed with the Government of Madhya Pradesh on 30th April 2026. The company is pursuing this acquisition to expand its footprint in Madhya Pradesh and Central India, which are strategic markets. This acquisition is disclosed under SEBI Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015. Securing this mining lease will help the company secure raw material access for its cement operations.
This acquisition strengthens JK Lakshmi Cement's backward integration by securing direct access to limestone resources, potentially reducing raw material costs and ensuring supply chain stability for its cement manufacturing operations in central India.