Mangalam Cement Limited (MANGLMCEM) — Announcement

📢 Key Event
Mangalam Cement declared preferred bidder in Rajasthan mining lease auction

💡 Investor Takeaway
This mining lease acquisition expands Mangalam Cement's resource portfolio beyond cement production into mineral extraction.

Mangalam Cement announced it was declared the preferred bidder in a government mining lease auction for Minyun Ki Dhani Main Jaisalmer in Rajasthan, marking its entry into mining rights acquisition. The filing confirms participation in the forward e-auction conducted by Rajasthan's Directorate of Mines and Geology on April 21, 2026, responding to a tender issued on February 27, 2026. This strategic move diversifies the company's resource base beyond cement manufacturing into mineral extraction. The disclosure complies with SEBI's Regulation 30 under the Listing Obligations and Disclosure Requirements norms, ensuring transparency for investors about this new business development avenue.

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