India: Dalmia Bharat gains cost relief as limestone levies cease

• Tamil Nadu, Assam, Meghalaya levies discontinued from 22 Aug’26
• Company paid INR 127 crore in FY’26, INR 38 crore in FY’27 so far

Dalmia Bharat and its subsidiaries are no longer required to pay mineral-bearing land tax and mineral cess on limestone from 22 August 2026, following the amendment to the Mines and Minerals (Development and Regulation) Act, 1957.

The company had been paying INR 160/t of limestone in Tamil Nadu, INR 10/t in Assam, and a mineral cess of INR 60/t in Meghalaya. In total, it paid INR 127 crore in FY’26 and INR 38 crore in FY’27 so far towards these levies.

The cessation is expected to reduce limestone procurement costs and cement production expenses across the company’s operations in the three states, supporting operating margins and cash flows. However, amounts already paid or recovered before the amendment will not be refunded.