DGML_BSE_Update_24_02_2021

Ganajur Mining Lease (ML) application of our wholly owned subsidiary viz.,
Deccan Exploration Services Private Limited (DESPL) — Writ Petition before the
Hon’ble High Court of Karnataka — Update

We write to present the following Update on the captioned matter. The Writ Petition (WP 14209/2020) came up for hearing before the Hon’ble High Court of Karnataka on February 22, 2021. The Court again queried the Central Government to state the provision of MMDR Act, 1957 under which they can put their prior approval for Ganajur ML under abeyance. The Central Government counsel did not make any comments.

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