Bharat Coking Coal Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015- Demand Notices received from State Authorities of Jharkhand and Interim Order of Revisional Authority
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Bharat Coking Coal Limited has disclosed that fresh demand notices totaling ₹17,344.46 Crores have been issued by State Authorities of Jharkhand for 47 Projects/Mines/Collieries. These relate to a Supreme Court judgment dated August 2, 2017 in the Common Cause case. The company had previously challenged earlier demand notices which were set aside by the Revisional Authority in November 2022. Aggrieved by the fresh notices, the company filed Revision Applications with the Ministry of Coal. The Revisional Authority has admitted these applications and issued an interim order dated April 29, 2026, directing the Jharkhand authorities not to take any coercive action against the company pending further proceedings.
The massive demand of ₹17,344.46 Crores poses a significant financial risk to the company. However, the interim order providing protection from coercive action offers temporary relief while the legal challenge proceeds.