Birla Corp emerged as the preferred bidder for the Gourum Khan Ki Dhani (South) limestone block in Rajasthan.
The block is located in Jaisalmer district and covers an area of 499.6394 hectares.
The company's bid had the highest final price offer of 20.60% in the e-auction conducted by the state government.
The limestone block is known for high-quality cement-grade limestone and is part of a mineral-rich belt in western Rajasthan.
This acquisition will enhance Birla Corp's raw material security and support its long-term expansion plans in the cement sector.
Birla Corporation, part of the M P Birla Group, already has cement manufacturing units in various states like Madhya Pradesh, Rajasthan, Uttar Pradesh, Maharashtra, and West Bengal.
The formal grant of the mining lease is contingent on necessary approvals and compliance with statutory requirements.