Birla Corporation Limited, a prominent player in the Indian cement industry, has made significant moves in both financial and operational spheres, as revealed in recent corporate announcements.

Commercial Paper Issuance

Birla Corporation issued commercial paper worth ₹50 crores. The issuance comprises 1,000 units, each valued at ₹5,00,000. Key details of the commercial paper include:

• Tenure: 90 days
• Interest Rate: 6.20% per annum, paid upfront
• Allotment Date: September 23, 2025
• Maturity Date: December 22, 2025
• Listing: Proposed to be listed on BSE Limited

The company clarified that no security or charge has been created over its assets for this issuance, and no special rights or privileges are attached to the instrument.

Limestone Block Acquisition

In a separate development, RCCPL Private Limited, a wholly-owned material subsidiary of Birla Corporation, has been declared the 'Preferred Bidder' for a significant mining project. The Government of Telangana's Department of Mines & Geology announced this decision on September 20, 2025. The key aspects of this bid are:

• Block Name: Guda-Rampur Limestone & Manganese Block
• Location: District Adilabad, Telangana
• Area: 3.34 square kilometers
• Winning Bid: Highest final price offer of 57.10%

This strategic move is expected to strengthen Birla Corporation's raw material security and potentially expand its operational footprint in the region.

These developments underscore Birla Corporation's active approach to financial management and resource acquisition, potentially positioning the company for future growth in the competitive cement sector.

Birla Corporation Limited announced significant developments in its mining operations and corporate leadership, along with impressive quarterly financial results.

Auction Success

Birla Corporation's wholly-owned subsidiary, RCCPL Private Limited, has been declared the preferred bidder for the Guda-Rampur Limestone and Manganese Block in Telangana's Adilabad district. The company secured this position by submitting the highest final price offer of 57.10% for the 3.34 square kilometer block.

Official Announcement

The Department of Mines & Geology communicated this decision via letter. Birla Corporation disclosed this information to the stock exchanges in compliance with SEBI regulations.

Leadership Changes

In a separate development, Birla Corporation has re-appointed Sandip Ghose as managing director and CEO for a three-year term.

Quarterly Financial Results

Birla Corporation reported strong financial performance:

Stock Performance

Following these announcements, Birla Corporation shares closed 0.62% higher at ₹1,307.00 on the National Stock Exchange (NSE).

About Birla Corporation Limited

Birla Corporation Limited is a flagship company of the M P Birla Group, with significant interests in cement and jute products. RCCPL Private Limited, formerly Reliance Cement Company Private Limited, became a wholly-owned subsidiary of Birla Corporation in 2016, enhancing the company's cement production capacity.