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News Details

30/04/2026 11:14

Bharat Coking Coal - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations 20

This is in continuation to the disclosures made in the offer document of the company and financial statements, in relation to demand notices amounting to ? 17,344.46 Crores in respect of 47 Projects/Mines/Collieries pursuant to judgement dated August 02, 2017 of the Hon'ble Supreme Court of India in W.P. (Civil) No. 114 of 2014 (Common Cause vs Union of India & Ors.).\r\nThe earlier demand notices were challenged by the company and were set aside vide order dated November 03, 2022 passed by JS&RA, MoC under Section 30 of MMDR Act 1957.\r\nSubsequently, fresh demand notices have been initiated on various dates by the State Authorities of Jharkhand in respect of aforesaid matters.\r\nAggrieved by the same, the company has filed Revision Applications before Revisional Authority, MoC.\r\nThe Revisional Authority, vide order dated April 29, 2026, has admitted the said Revisional Applications and directed the respondents/state authorities of Jharkhand not to take any coercive action against the Company.