Birla Corporation's Bid for Rajasthan Limestone Block Rejected
Birla Corporation Limited has announced that its bid for the Gourum Khan Ki Dhani (South) Limestone Block in Rajasthan has been rejected by the Government of Rajasthan, Department of Mines and Geology...
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Why is Birla Corporation Limited in the news today?
Birla Corporation Limited (BIRLACORPN) is in the news due to the company's bid for a mining lease was rejected by the government, which is a negative development.
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Birla Corporation's Bid for Rajasthan Limestone Block Rejected
January 3, 2026, 06:41 AM
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Birla Corporation Limited has announced that its bid for the Gourum Khan Ki Dhani (South) Limestone Block in Rajasthan has been rejected by the Government of Rajasthan, Department of Mines and Geology. The company had been declared the Preferred Bidder on June 13, 2025, based on a highest final price offer of 20.60%.
The rejection order, dated December 31, 2025, cited that the company's offer was considered comparatively lower than bids received for similar limestone blocks in the region. Birla Corporation stated that it had participated in the e-auction process in accordance with applicable laws and tender conditions, and had complied with all procedural requirements, including the upfront payment.
The company is currently examining the matter to determine its future course of action, which may include legal recourse. The information regarding the rejection was received by the company on January 2, 2026.
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