Announced Sat, 4 Jul · 17:57 IST
Writ petition against BCCL disposed off, no adverse order passed
Regulatory & Legal View source PDF
BHARATCOAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.1%1-day move
₹39.17
prior close
₹39.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.8-1.9-1.8-1.4-3.1-5.5-4.5-4.2-4.0-6.2-10.0———
Up moveDown movePending
AI summary
A writ petition filed before the Jharkhand High Court against BCCL and others, seeking arrest directions in a 1989 case, has been disposed of. The company was impleaded because some accused were former employees. No adverse direction was passed against BCCL. The litigation disclosed in the offer documents now stands closed.
Likely market impact
Positive for shareholders - a pre-IPO disclosed legal matter is now closed without any liability or adverse order against the company.