SC dismisses PIL challenging company's iron ore mining lease in Gadchiroli
DECNGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BSE asked Deccan Gold Mines for clarification on the timing of disclosing a Supreme Court order (June 9, 2026) dismissing a PIL that had challenged the grant of an iron ore mining lease in Gadchiroli, Maharashtra to the company. The company said it disclosed within 15 minutes of receiving the order from legal counsel on June 15. The SC upheld the lease, ruling the company's preferential/vested rights accrued before 2015, making Section 10A of the MMDR Act inapplicable. Mining can proceed after statutory clearances.
Positive: PIL dismissed, mining lease upheld. BSE disclosure-timing query resolved in the company's favor.