The Ramco Cements Ltd receives approval from Government of Andhra Pradesh

The Ramco Cements Ltd has received approval from Government of Andhra Pradesh, for the purpose of including Quartzite Mineral in the existing mining lease for limestone held by the Company in Kalavataka and Kotapadu Villages, Kolimigundla Mandal, Nandyal District, Andhra Pradesh. The above approval has been received by us on 03.01.2026 at 4.20 PM.

The quantum of mineable quartzite reserves has not yet been determined.

The quartzite proposed to be extracted is intended to be utilised for manufactured sand and pozzolanic additives in the cement industry, or for any other industrial use that may arise in future.

The approval is valid upto 10.03.2053, subject to satisfaction of all terms and conditions laid down under MM (D&R) Amendment Act, 2015 and other standing instructions, guidelines, issued by Government of India and State Government, from time to time.

Shares of The Ramco Cements Limited was last trading in BSE at Rs. 1057.05 as compared to the previous close of Rs. 1057.00. The total number of shares traded during the day was 8786 in over 944 trades.

The stock hit an intraday high of Rs. 1062.75 and intraday low of 1044.55. The net turnover during the day was Rs. 9247356.00.

Source : Equity Bulls

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TheRamcoCements INE331A01037 Approval QuartziteMineral MiningLease