NEW DELHI, May 20, 2026 – J.K. Cement Limited has announced a significant step forward in its operational expansion, receiving a Letter of Intent (LOI) for a new mining lease in central India. The announcement, made through a formal regulatory filing, confirms the company’s progress in securing long-term raw material resources.
The Itauri-Jharkua Limestone Block
The LOI, issued by the Government of Madhya Pradesh’s Mineral Resource Department, grants the company the right to proceed toward a mining lease for the Itauri-Jharkua Limestone Block. This substantial resource is located across the villages of Itauri and Jharkua, situated in the Tehsil of Amanganj within the Panna District of Madhya Pradesh.
The project encompasses a total area of 349.709 Hectares, marking a sizeable addition to the company’s mining portfolio.
A Milestone in the Bidding Process
This latest development follows a competitive process in which J.K. Cement was previously declared the “Preferred Bidder” for the block on March 19, 2026. The issuance of the LOI serves as the official transition from being a preferred bidder to having a formal government intent to grant the lease, pending further statutory requirements.
The company officially received notification of the LOI on May 19, 2026, at approximately 5:30 PM IST.
Regulatory Compliance
The disclosure was made to both the BSE Limited and the National Stock Exchange of India (NSE). J.K. Cement issued the notice in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates the reporting of material events that could impact the company’s operations or financial standing.
By securing this LOI, J.K. Cement continues to strengthen its manufacturing footprint, particularly in regions where it already maintains a strong industrial presence.