Birla Corporation bid for Gourum Khan Ki Dhani south limestone block rejected by Rajasthan

Flagship company of MP Birla Group, Birla Corporation Ltd, on Saturday (January 3), said the government of Rajasthan has rejected the company’s bid for the Gourum Khan Ki Dhani (South) limestone block, for which it had earlier been declared the preferred bidder.

The company referred to its earlier intimation dated June 13, 2025, when it was declared the preferred bidder by the Government of Rajasthan, Director of Mines and Geology. The preferred bidder status was based on the highest final price offer of 20.60% submitted by the company for the limestone block, which covers an area of 499.6394 hectares.

The company said that the Department of Mines and Petroleum, Government of Rajasthan, through an order dated December 31, 2025, has rejected the bid. The rejection was carried out in exercise of powers under Clause 14.11 of the Tender Document.

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According to the order, the final price offer of 20.60% submitted by Birla Corporation was found to be comparatively lower than the bids received in auctions of other similar limestone blocks in the region.

Birla Corporation stated that it had participated in the e-auction process in accordance with applicable laws and the tender conditions. The company added that it had complied with all procedural requirements, including the deposit of the applicable upfront payment within the prescribed timelines. This deposit has been acknowledged by the Department of Mines and Petroleum in its order rejecting the bid.

The company further informed that it is examining the matter to determine the future course of action, including the possibility of legal recourse. On Friday (January 2), shares of Birla Corporation Ltd ended at ₹1,108.70, down by ₹1.40, or 0.13%, on the BSE.

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