Ganajur Mining Lease (ML) of our wholly owned subsidiary Deccan Exploration Services Private Limited (DESPL) — Karnataka High Court Judgment dated 12.03.2021 — issue of show cause notice by Ministry of Mines, Government of India

As shareholders are aware, the Hon’ble High Court of Karnataka vide its Judgment dated 12.03.2021 had granted 3 months’ time to the Ministry of Mines, Government of India (Central Government) to initiate action, if any, with regard to the prior approval granted by them for Ganajur ML of DESPL and directing them to give an opportunity of being heard via a ‘Show Cause Notice’ to DESPL prior to taking any action.

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