JK Lakshmi Cement Limited has informed the Exchange about declaration as Preferred Bidder in the e-Auction for New Umrangso Limestone Block (200 ha), Assam.
JKLAKSHMI · price
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On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 3.0 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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JK Lakshmi Cement has been declared the Preferred Bidder in a Government of Assam e-auction for the mining lease of the New Umrangso Limestone Block, spanning 200 hectares. Limestone is the key raw material for cement manufacturing, so securing this block strengthens the company's raw material base. The filing was made under SEBI's Regulation 30 disclosure norms on March 13, 2026. Financial terms of the bid and reserve price have not been disclosed in this filing.
Positive for the company's long-term raw material security and backward integration in the Northeast region, though near-term stock impact may be limited as it is a preferred bidder status and not yet a finalized mining lease.