
Legal30 Sept 2026, 08:20 pm
Deccan Gold Mines Subsidiary to Present Ganajur Lease Case in Supreme Court
AI Summary
Deccan Gold Mines Ltd announced an update on Supreme Court proceedings concerning the Ganajur Mining Lease of its wholly-owned subsidiary, Deccan Exploration Services Private Limited (DESPL). The Supreme Court has directed that parties who have filed impleadment applications will be heard during the appeals hearing. DESPL's impleadment application was allowed on September 5, 2023, granting it an opportunity to present its case regarding the Ganajur Mining Lease. The company, in consultation with its legal team, is taking steps to protect its interests and will inform shareholders of material developments.
Key Highlights
- Supreme Court to hear parties with impleadment applications.
- Deccan Exploration Services Private Limited (DESPL) will present its case.
- The proceedings relate to the Ganajur Mining Lease.
- Company is actively protecting its interests in the lease.
Price Impact
More from DECNGOLD