Sagar Cements has informed that the Government of Andhra Pradesh has since granted to the Companys Wholly-owned Subsidiary Company viz., BMM Cements, a mining lease for Limestone over an extent of 1,123.32 acres of land nearer to its plant located at Gudipadu Village, in Ananthapur District, Andhra Pradesh for a period of 20 years, which would enable the company to source its limestone requirements there from after execution of a formal lease deed with the appropriate authorities in due course.
The above information is a part of company’s filings submitted to BSE.
