DECNGOLDBSEDeccan Gold Mines LtdHighPositive
Announced Mon, 15 Jun · 12:40 IST

SC ruling on pre-2015 mining lease rights; Ganajur project implications under review

Regulatory & Legal View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+22.0%1-day move
₹163.80
prior close
₹171.01
base price
In-mkt
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AI summary

Deccan Gold Mines informed BSE about a Supreme Court order dated June 9, 2026, in a separate case (Karanartham Viramah Foundation vs. State of Maharashtra) that upheld vested rights of mining lease applicants where the decision to grant was made before 2015, exempting them from the auction requirement under Section 10A of the MMDR Act. The company said its legal team is examining whether this judgment impacts its pending proceedings concerning the Ganajur project.

Likely market impact

Potentially favourable precedent for Ganajur project; legal review underway, no direct impact confirmed yet.