Birla Corporation Ltd has been declared the preferred bidder for the Gourum Khan Ki Dhani (South) limestone block in Jaisalmer, Rajasthan, following an e-auction conducted by the state government. The block spans 499.64 hectares and is located in a high-quality cement-grade limestone belt, strengthening the company’s raw material security and expansion plans.
Key Highlights of the Acquisition
- Location: Jaisalmer district, Rajasthan
- Area: 499.64 hectares
- Bid Price: Highest final price offer of 20.60%
- Strategic Importance: Enhances long-term cement production capacity
Impact on Birla Corporation’s Growth
As the flagship company of the M P Birla Group, Birla Corporation operates cement manufacturing units across multiple states, including Madhya Pradesh, Rajasthan, Uttar Pradesh, Maharashtra, and West Bengal. The limestone block allocation will boost production efficiency and support future expansion.
Next Steps & Regulatory Approvals
The formal grant of the mining lease is subject to statutory approvals and compliance with government regulations. Once finalized, the acquisition will strengthen Birla Corporation’s market position in the cement industry.
For more updates on corporate acquisitions and market trends, stay tuned! 🚀
