JK Lakshmi Cement Limited has informed the Exchange about Acquisition of Mining Lease, District Satna, Madhya Pradesh.
JKLAKSHMI · price
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JK Lakshmi Cement has acquired a mining lease in Kakalpur village, Satna district, Madhya Pradesh through a Mining Lease Transfer Deed executed with the state government on 30th April 2026. The lease covers an area of 100.34 hectares. This acquisition is part of the company's strategy to expand its footprint in the strategic market of Madhya Pradesh and Central India, likely to secure limestone resources for cement manufacturing.
This acquisition strengthens JK Lakshmi Cement's backward integration by securing raw material (limestone) access in a key region. It is a positive development for long-term production capacity and cost optimization, potentially supportive of stock price.