Mangalam Cement Ltd has been declared the Preferred Bidder for the Nimana-Duniya Extension Block in Kota district, Rajasthan, following its successful participation in a forward e-auction held on July 4, 20252. The auction was conducted via MSTC’s portal and issued by the Directorate of Mines & Geology, Government of Rajasthan.
This strategic acquisition is expected to strengthen the company’s raw material security and support its long-term production capacity. As part of the BK Birla Group, Mangalam Cement continues to expand its operational footprint across northern India, aligning with its growth ambitions in the infrastructure and housing sectors.
The company’s shares responded positively to the announcement, rising 2.39% in early trade to Rs764.80. The development also marks a key milestone under SEBI’s disclosure norms, reinforcing transparency and investor confidence.
