Kakatiya Cement Secures Court-Backed Mining Permits for Limestone Extraction Until November 2025

1 min read     Updated on 23 Oct 2025, 02:42 PM
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Overview

Kakatiya Cement Sugar & Industries Limited has obtained interim court orders from the High Court of Andhra Pradesh, allowing the continuation of its mining operations. The company received mining permits from the District Forest Officer of NTR Division, Vijayawada, to transport 69,000 metric tons of limestone from the Jaggaipeta Reserve Forest mining lease area to its cement plant. The court order is valid until November 19, 2025. The company states there is no current financial or operational impact from these developments. A Board of Directors meeting is scheduled for November 3, 2025, to consider unaudited financial results for the quarter and half-year ended September 30, 2025.

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Kakatiya Cement Sugar & Industries Limited has obtained interim court orders allowing the continuation of its mining operations, providing a temporary reprieve for the company's limestone extraction activities. The development comes as a significant update for stakeholders in the cement industry.

Court Order and Mining Permits

The High Court of Andhra Pradesh has granted interim relief to Kakatiya Cement in Writ Petition No. 26267 of 2025. Following this court order, the company has received crucial mining permits from the District Forest Officer (DFO) of NTR Division, Vijayawada. These permits allow Kakatiya Cement to:

  • Continue mining operations
  • Transport 69,000 metric tons of limestone from the Jaggaipeta Reserve Forest mining lease area to its cement plant

Key Details of the Court Order and Permits

Aspect Details
Court Order Date October 8, 2025
Relief Period Until November 19, 2025
Permit Issuance Date October 21, 2025
Permit Validity Until November 19, 2025
Authorized Quantity 69,000 metric tons of limestone

Financial and Operational Impact

According to the company's disclosure, there is currently no financial or operational impact from these developments. This suggests that Kakatiya Cement's regular operations may continue uninterrupted for the duration of the permit's validity.

Upcoming Board Meeting

In a separate announcement, Kakatiya Cement has scheduled a Board of Directors meeting for November 3, 2025. The meeting agenda includes:

  • Consideration of unaudited financial results for the quarter and half-year ended September 30, 2025
  • The trading window closure, which began on October 1, 2025, will remain in effect until 48 hours after the announcement of these financial results

This court-backed permit provides Kakatiya Cement with temporary operational continuity, while stakeholders await the upcoming financial results for a more comprehensive view of the company's performance.

Historical Stock Returns for Kakatiya Cement Sugar & Industries

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Kakatiya Cement Sugar & Industries Approves Rs. 3 Per Share Dividend

1 min read     Updated on 28 Aug 2025, 01:34 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Kakatiya Cement Sugar & Industries announced a dividend of Rs. 3.00 per share at its 46th Annual General Meeting held on August 28 in Hyderabad. The record date is set for August 21, with payment due by September 27. The AGM, chaired by P Veeraiah, saw 210 members in attendance and included resolutions on financial statements adoption, director re-appointment, and auditor appointments.

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Kakatiya Cement Sugar & Industries , a prominent player in the cement and sugar industries, has announced a dividend of Rs. 3.00 per share. This decision was approved at the company's 46th Annual General Meeting (AGM) held on August 28 in Hyderabad.

Dividend Details

The dividend declaration was one of the key resolutions passed at the AGM. Here are the important details:

  • Dividend Amount: Rs. 3.00 per equity share
  • Record Date: August 21
  • Payment Deadline: September 27

Shareholders whose names appear on the Register of Members and Register of Beneficial Owners as of August 21 will be eligible to receive the dividend.

AGM Proceedings

The 46th AGM of Kakatiya Cement Sugar & Industries was conducted at Sri Thyagaraya Gana Sabha, Vivek Nagar, Chikkadapally, Hyderabad. Key highlights of the meeting include:

  • The AGM was chaired by Shri P Veeraiah, Chairman and Managing Director.
  • A total of 210 members, excluding 5 from the Promoter Group, were present in person.
  • The company provided shareholders with remote e-voting facilities, which were available from August 25 to August 27.
  • Smt. Manjula Aleti, a practicing Company Secretary, was appointed as the Scrutinizer for the e-voting process.

Other Business Transacted

In addition to the dividend declaration, several other resolutions were presented at the AGM:

  1. Adoption of the Audited Financial Statements
  2. Re-appointment of Smt. M Varalakshmi as a Director
  3. Appointment of Secretarial Auditors
  4. Fixation of remuneration for Cost Auditors

The final results of all resolutions, including the dividend declaration, will be announced after the scrutiny of e-voting results. Kakatiya Cement Sugar & Industries has committed to informing the stock exchanges about the final outcome in the prescribed format.

Historical Stock Returns for Kakatiya Cement Sugar & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.02%+2.12%-4.27%-4.06%-27.59%-9.83%
Kakatiya Cement Sugar & Industries
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