Kakatiya Cement Sugar & Industries Gains 2.47% as High Court Allows Continuation of Limestone Mining

Hyderabad, October 23, 2025 – Shares of Kakatiya Cement Sugar & Industries Limited (NSE: KAKATCEM, BSE: 500234) rose 2.47% on Thursday, following the confirmation of having been granted interim relief by the Andhra Pradesh High Court, permitting continued carriage of limestone out of its Jaggaipeta Reserve Forest leasehold.

High Court Interim Relief and Mining Continuation

The Company informed that the Hon’ble High Court of Andhra Pradesh had issued interim directions on October 8, 2025, in Writ Petition No. 26267 of 2025, providing relief up to November 19, 2025. Permits in Form 1 were granted by the District Forest Officer (DFO), NTR Division, Vijayawada, on October 21, 2025, to allow the transportation of 69,000 metric tonnes of limestone to its Cement plant.

The Company had received such intimation on 23rd October, 2025, with assurance of continuation of operations with no financial or operational impact as on date, following the disclosure under SEBI (LODR) Regulation 30 and SEBI Circular dated July 13, 2023.

Key Trading Information

The stock of Kakatiya Cement Sugar & Industries Limited ended at ₹147, rising 2.47% on October 23, 2025. Kakatiya Cement Sugar And Industries Ltd stock price registered a day’s high of ₹165.55 and a low of ₹142.51 during trading, beginning at ₹146.90. It has a market capitalisation of ₹116.88 crore. Its dividend is 2.03%, with a quarterly payment of ₹0.75 per share. For the past 52 weeks, it has traded as high as ₹218.00 and as low as ₹130.30.

Company Statement

Kakatiya Cement affirmed that further continuation of mining suits the interim relief granted by the court and again asserted that “there is no financial or operational implication at this juncture.” It has cement, sugar, and power units spread across Telangana and Andhra Pradesh.

REF: https://nsearchives.nseindia.com/corporate/KAKATCEM_23102025143539_REG3023102025.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations