Announced Thu, 23 Apr · 19:10 IST
Corrigendum: Coal mine capacity figures clarified at Bikram Coal Mine
Business Updates View source PDF
BIRLACORPN · price
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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹944.20
prior close
₹951.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.4-1.4-2.0-0.4-2.3-2.8-2.8+1.8+3.5+6.5+7.3+5.8+3.0
Up moveDown movePending
AI summary
Birla Corporation issued a corrigendum to its earlier announcement on the commencement of coal mining at Bikram Coal Mine in Shahdol, Madhya Pradesh. It clarified that 9.44 Million Tonnes represents the extractable reserves of the mine, not the annual production capacity as previously stated. The peak rated capacity of the mine is 0.36 Million Tonnes Per Annum (MTPA). No change to the commencement of operations was reported.
Likely market impact
Minor factual correction to a prior disclosure; no material change to operations, capacity outlook, or financials.