Date: 30 October 2026
Legal / Strategic Disclosures
Case Details:
- Matter: IVRCL-MCCDL-TCL-DM Consortium vs Hindustan Copper Limited
- Previous filings referenced: Letters dated 04.05.2026 and 22.09.2026
Current Development:
- IVRCL-MCCDL-TCL-DM Consortium filed an appeal (Misc. Petition No. 6506/2026) before the Madhya Pradesh High Court, Jabalpur
- Appeal filed against Stay Order dated 16.09.2026 passed by the Commercial Court, Jabalpur
- Consortium praying for:
- Setting aside/modifying Conditions of the Stay Order dated 16.09.2026
- Granting interim relief of stay on the Stay Order dated 16.09.2026
Court Proceedings:
- First listing date: 29 October 2026 before Madhya Pradesh High Court, Jabalpur
- HCL's dealing advocate appeared and accepted the Notice
- High Court granted HCL time to file reply
- Next hearing date: 14 December 2026
Additional Information:
- Not applicable to litigation against key management personnel or promoters
- No settlement reached as matter is subjudice
Regulatory Compliance:
- Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Mritunjay Kumar Dev, Company Secretary & Compliance Officer
- Digitally signed on 30.10.2026 at 16:05:05 IST