Gallantt Ispat Limited has been declared as the "Preferred Bidder" for the Dongrital-II coal block located in Bazori, Digwaha, Dongri, Bhaisanbuda, Singrauli, Madhya Pradesh. The company participated in a bid for commercial coal mining initiated by The Madhya Pradesh State Mining Corporation Limited (MPSMC).
The winning bid was secured with a revenue share of 6.5%, as communicated by MPSMC on August 04, 2026. The company is currently evaluating the modalities and next steps for development of this coal block and will make appropriate disclosures regarding any further material developments as they arise.
This intimation is made in compliance with Regulation 30 and all other applicable regulations of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure was signed by Nitesh Kumar, Company Secretary & Compliance Officer (Membership No. F7495), on August 05, 2026, at 20:37:52 IST.