Date: 11 November 2026
Regulatory Approval Disclosure
The Ministry of Environment, Forest and Climate Change (MoEF&CC), Government of India has granted Environmental Clearance (EC) to the company's iron ore and manganese ore mine (Mining Lease No.2678).
The clearance allows for:
- Enhancement of iron ore Run-of-Mine (RoM) production capacity from 7.85 Million Tonnes Per Annum (MTPA) to 9.42 MTPA
- Reduction in manganese ore RoM capacity from 1.34 MTPA to 0.7330 MTPA
- Waste management as per Indian Bureau of Mines approved mining plan
- Reconfiguration of the Beneficiation plant from 1 x 7.00 to 2 x 3.5 MTPA
- No change to the already approved 1.2 km Downhill Conveyor System
The mining lease area covers 1860.10 hectares. The Environmental Clearance Identification Number is EC26A0000KA5280635N dated 11 November 2026.
The company will initiate further regulatory approvals for operating at the enhanced production levels.
Compliance Information
The disclosure is made pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) "SEBI (LODR)" Regulations, 2015 and amendments thereto.