Shree Cement: Co Declared Preferred Bidder For 373 Hectare Limestone Block
Shree Cement Limited has successfully secured mining rights for a 373-hectare limestone block in Andhra Pradesh's YSR Kadapa District. The company was declared the preferred bidder for the Dommarnandyala-1 Limestone Block through a government e-auction, strengthening its raw material sourcing capabilities and operational infrastructure in southern India.

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Shree Cement Limited has successfully secured mining rights for a significant limestone block in Andhra Pradesh, marking a strategic expansion of its raw material sourcing capabilities. The company has been declared the preferred bidder for the Dommarnandyala-1 Limestone Block mining lease through an e-auction process.
Mining Block Details
The limestone block acquisition represents a substantial addition to Shree Cement's mining portfolio. The company participated in an e-auction conducted by the Government of Andhra Pradesh for the grant of mining lease rights.
| Parameter: | Details |
|---|---|
| Block Name: | Dommarnandyala-1 Limestone Block |
| Location: | YSR Kadapa District, Andhra Pradesh |
| Area Coverage: | 373 hectares |
| Auction Authority: | Government of Andhra Pradesh |
| Status: | Preferred Bidder |
Regulatory Compliance
The company made this disclosure in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. The announcement was communicated to both the National Stock Exchange of India Limited and BSE Limited through official channels.
Strategic Significance
Limestone serves as a crucial raw material in cement manufacturing, and securing dedicated mining rights helps ensure consistent supply chain operations. The 373-hectare block in YSR Kadapa District provides Shree Cement with direct access to limestone reserves in the southern region of India.
The successful bidding process demonstrates the company's commitment to expanding its raw material base and strengthening its operational infrastructure across different geographical regions.
Historical Stock Returns for Shree Cement
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.33% | +5.82% | -2.07% | -17.51% | -18.12% | -19.42% |
What is the estimated limestone reserve capacity of the Dommarnandyala-1 block and how many years of supply will it provide for Shree Cement's operations?
How will this southern region expansion impact Shree Cement's market share and competitive positioning against regional players like UltraTech and ACC?
What is the expected timeline and capital investment required for developing the mining infrastructure and beginning limestone extraction operations?


































