Pursuant to regulation 30 of SEBI (LODR) Regulations 2015, please find attached the development in relation to an ongoing material litigation already disclosed in the offer documents of the company.
BHARATCOAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bharat Coking Coal Ltd disclosed development in an ongoing material litigation under SEBI Regulation 30. The company had filed a Criminal Miscellaneous Petition No. 3720 of 2017 before the Jharkhand High Court under Section 482 of CrPC to quash an order passed by the Chief Judicial Magistrate in 1998. The complaint originated from the Labour Enforcement Officer alleging non-implementation of a 1992 award under the Industrial Disputes Act. The High Court dismissed the petition as withdrawn on May 7, 2026, but granted liberty to raise grounds before the appropriate court or authority. The company maintains that the award is not implementable and will take appropriate steps as per law.
The dismissal as withdrawn with liberty to pursue alternative remedies means the legal matter remains unresolved. While this is not a definitive loss, it indicates the company will continue to incur legal costs and the underlying dispute over the 1992 award implementation persists.