Adani Denies Links To Mahabal Cement Land Allotment

21 Aug 2025 CW Team

Shillong, 19 August – The Adani Group has issued an official clarification dismissing reports that linked it to Mahabal Cement, following claims that the Assam government had allotted 3,000 bighas of land in Dima Hasao district for a cement plant under the conglomerate’s name.

In a statement from Ahmedabad, the group underlined that Mahabal Cement is neither owned by, nor affiliated with, Adani Group in any way. Mahabal Cement is in fact a subsidiary of JK Lakshmi Cement.

“These reports and references are baseless, false and misleading. Linking the Adani name to Mahabal Cement is mischievous,” an Adani spokesperson said, urging the media, digital platforms, and the public to verify facts before circulating such information.

The statement added:

“It has come to our notice that certain news reports, social media posts and court hearing clips are being circulated, claiming that the Assam Government has allotted 3,000 bighas in Dima Hasao to the Adani Group for a cement plant. We categorically deny these reports. Mahabal Cement is not related to, owned by, or connected with the Adani Group in any manner. We strongly urge fact-checking before sharing such claims, as unverified content misinforms the public and creates unnecessary confusion.”

In Shillong, analysts noted that the clarification is likely to stabilise confidence in local construction and industrial sectors. Traders and investors, who had approached cement and infrastructure-related transactions with caution amid the misinformation, are now expected to regain confidence, supporting steadier activity in the building materials and industrial supply markets.

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..