JK Lakshmi Cement Faces ₹103 Cr Litigation Over Land Allotment

JK Lakshmi Cement Ltd and its subsidiary Mahabal Cement Pvt. Ltd. have received a notice regarding a writ petition filed in the Hon'ble Gauhati High Court. The petition, filed by Prosanjit Nunisa and 66 others, challenges the allotment/leasing of approximately 3,000 Bighas of land in Dima Hasao district to Assam Mineral Development Corporation Limited (AMDCL), JK Lakshmi Cement, and Mahabal Cement. The petitioners are aggrieved by these land allotments. The expected financial implication for the company is ₹103.16 Crores, representing the cost of land and related expenses. No quantum of claims has been specified in the filing.