Ramco Cements Receives Approval for Quartzite Mineral in Existing Mining Lease

The Ramco Cements Ltd has received approval from the Government of Andhra Pradesh for the inclusion of Quartzite Mineral in the existing mining lease for limestone held by the company in Kalavataka and Kotapadu Villages, Kolimigundla Mandal, Nandyal District, Andhra Pradesh. The approval is valid until 10.03.2053, subject to satisfaction of all terms and conditions. The quartzite is intended to be utilized for manufactured sand and pozzolanic additives in the cement industry, or for any other industrial use that may arise in the future. The company will inform the stock exchange(s) of the actual impact (monetary or otherwise) along with corrective actions taken if the key license/approval is withdrawn, cancelled, or suspended.