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“The company participated in the e-auction of Diggaon Limestone Block conducted by the Government of Karnataka and has been declared as the preferred bidder,” it said in a regulatory filing.
The block is situated in Tehsil Chittapur of Kalburgi district in Karnataka.
This is adjacent to UltraTech”s Rajashree unit and has total cement grade geological resources of 530 million tonnes of limestone over an area of 7.86 sq km, it added.
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It has 22 integrated manufacturing units, 27 grinding units, one clinkerisation unit and 8 bulk packaging terminals.