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CA Sumit Mangla

14th Sep · SEBI Registration INH000028626

Heidelberg Cement Secures 50-Year Limestone Block

HeidelbergCement India Limited has entered into a 50-year Mine Development and Production Agreement with the Government of Madhya Pradesh for the Sukha–Satpara limestone block. The block, located in Damoh district, holds estimated resources of about 63 million tonnes of limestone. The long-term agreement strengthens the company’s raw material security and supports future cement production capacity. Secured through an earlier auction process, the mining rights provide multi-decade visibility on limestone supply in a key cement-producing region. This development enhances HeidelbergCement India’s operational resilience and positions it to meet growing demand in central India. The secured reserves will help sustain capacity utilisation and reduce dependence on external limestone sources over the long term. **Top stocks in the cement industry:**

ULTRACEMCO
, Ambuja Cements, and Shree Cement.

#TrendingSectors#FundamentalViews#TechnicalViews#StockInNews#WatchOutFor
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