JK Cement Limited Receives Letter of Intent for Itauri-Jharkua Limestone Mining Lease
JK Cement Limited has received a Letter of Intent (LOI) from the Government of Madhya Pradesh for the grant of a mining lease for limestone. The lease pertains to the Itauri-Jharkua Limestone Block, located in the Amanganj Tehsil of Panna District, Madhya Pradesh.The company’s acquisition of the lease follows a previous declaration, and the LOI provides the formal basis for mining operations in the area. JK Cement Limited received this crucial information on May 19, 2026.
The detailed operational area covered by the mining lease is substantial, spanning 349.709 Hectares.
The limestone block is situated across the villages of Itauri and Jharkua, within the Panna District of Madhya Pradesh. This development marks a key step for the company in expanding its raw material access for cement production.
The company had previously intimated its status regarding the mining lease of the Itauri-Jharkua Limestone Block on March 19, 2026, when it was declared the 'Preferred Bidder.'
JKCEMENT Stock Price Movement
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