JK Lakshmi Cement Faces ₹103 Crore Land Litigation

JK Lakshmi Cement Ltd. and its subsidiary Mahabal Cement Pvt. Ltd. have received a notice regarding a writ petition filed at the Gauhati High Court. The petition, initiated by Prosanjit Nunisa and 66 others, challenges the allotment and leasing of approximately 3,000 Bighas of land in the Dima Hasao district.

What just happened

The company was notified on July 30, 2026, about a writ petition concerning land in Dima Hasao district. The petition lists the Union of India and 13 other respondents, including JK Lakshmi Cement and Mahabal Cement.

Why this matters

This litigation represents a significant potential financial exposure for the company, estimated at ₹103.16 crore. This amount covers the cost of the land, development expenses, and related expenditures. While no monetary claims are currently quantified, the legal challenge could affect asset ownership or operations in the region.

The backstory

The dispute centers on land leased by respondent authorities to JK Lakshmi Cement, its subsidiary, and Assam Mineral Development Corporation Limited (AMDCL). The specifics of the allotment are under scrutiny by the court.

What changes now

JK Lakshmi Cement has formally assessed the financial implications. The company is obligated to report this development due to SEBI listing requirements. Investors should monitor the court proceedings closely.

Risks to watch

An adverse outcome in the Gauhati High Court could impact the company's land assets in the Dima Hasao district and potentially disrupt operations.

Context metrics

• Notice Received Date: July 30, 2026
• Disputed Land Area: Approximately 3,000 Bighas
• Potential Financial Implication: ₹103.16 crore

What to track next

Investors should closely follow the progress of the writ petition in the Gauhati High Court and any further disclosures from the company regarding the legal proceedings.