Shillong, Aug 19: The Adani Group has issued an official clarification to dispel circulating reports linking 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.
In a media statement from Ahmedabad, the group stressed that Mahabal Cement is not owned by, affiliated with, or connected to Adani Group in any capacity.
Mahabal Cement is a subsidiary of JK Lakshmi Cement.
“These reports and references are baseless, false and misleading. Linking the Adani name to Mahabal Cement is mischievous,” the spokesperson said, urging media, digital platforms, and the public to verify facts before sharing information.
The statement read:
“It has come to our notice that certain news reports, social media posts and clips from court hearings are being circulated, claiming that the Assam Government has allotted 3000 bighas in Dima Hasao to the Adani Group for a cement plant.
We categorically state that these reports and references are baseless, false and misleading. Linking the Adani name to Mahabal Cement is mischievous. Mahabal Cement is not related to, owned by or connected with the Adani Group in any manner whatsoever.
We strongly urge members of the media, digital platforms and the public to verify facts before making or sharing such claims. The circulation of unverified and misleading content not only misinforms the public but also creates unnecessary confusion.”
In Shillong, analysts expect a stabilising effect on local construction and industrial sectors. Traders and investors, who had approached recent cement and infrastructure-related transactions cautiously due to circulating misinformation, are likely to regain confidence, supporting steadier activity and planning in Shillong’s building materials and industrial supply markets.
