Star Cement subsidiary wins bid for 271 million tonne limestone block in Rajasthan
Published on 22/08/2025 09:44 PM
Star Cement subsidiary wins bid for 271 million tonne limestone block in RajasthanThe block, located in Village Joga, Tehsil Ramgarh, District Jaisalmer, spans an area of 960 hectares. It holds an estimated limestone resource of 271.38 million tonne. Shares of Star Cement Ltd ended at ₹279.95, down by ₹12.90, or 4.40%, on the BSE.By Jomy Jos Pullokaran August 22, 2025, 9:44:12 PM IST (Published)2 Min ReadNortheast-based Star Cement Limited on Friday (August 22) said its subsidiary, Star Cement North East Limited, has been declared the ‘Preferred Bidder’ for the Parewar (SN-IV) limestone block in Rajasthan.
The block, located in Village Joga, Tehsil Ramgarh, District Jaisalmer, spans an area of 960 hectares. It holds an estimated limestone resource of 271.38 million tonne.
The Government of Rajasthan declared Star Cement North East Limited as the preferred bidder following e-auctions conducted for the block. The company said the mining lease will enhance its long-term raw material security once the necessary clearances and agreements are finalised.
Also Read: Star Cement Q4 Results: Profit and EBITDA surge over 40% YoY; margin improves
Star Cement is based in the north-eastern state of Meghalaya and reported an overall turnover of ₹2,910 crore in the financial year 2024. Star Cement has a 7.7 MTPA grinding capacity and 6.1 MTPA clinker capacity, a dealer network of close to 2,000 and a retailer network of over 12,500.
In the north-eastern market, Star Cement commands a 26.5% market share. Premium sales account for 10.6% of overall sales, according to its investor presentation it shared for the September quarter. The company also has two upcoming units in the Silchar and Jorhat districts of Assam and has a capex plan of ₹380 crore for the second half of the current financial year.
Shares of Star Cement Ltd ended at ₹279.95, down by ₹12.90, or 4.40%, on the BSE.
Also Read: Star Cement arm declared preferred bidder for Boro Hundong limestone block by Assam GovtContinue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsshare market todayStar Cement