Shree Cement has informed that the Company has bid for Limestone deposit at Village Karhi Chandi, District-Baloda Bazar- Bhatapara of Chhattisgarh having estimated reserve of 155 million tons spread over 242 hectares in an e-auction conducted by Government of Chhattisgarh on February 18, 2016. Company has emerged as the highest bidder. The official confirmation from Govt. of Chhattisgarh declaring Shree Cement as the winner of the above deposit is awaited.
The above information is a part of company’s filings submitted to BSE.