India Cements gets Rs 18.95 cr demand notice for mining EC violations
INDIACEM · price
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India Cements received demand notices dated 15 July 2026 from the District Collector of Tirunelveli seeking Rs 18.95 crore in compensation for alleged limestone extraction without prior environmental clearance across eight mining leases. The notices follow a Supreme Court judgment in Common Cause vs Union of India on mining without prior EC. The company is reviewing the notices and will decide on further course of action. Financial impact, if any, would be limited to the compensation demanded.
Rs 18.95 cr demand over alleged mining EC violations; company is reviewing and may challenge. Limited hit if notice is upheld.