BCCL halts blasting at New Akashkinaree Colliery after DGMS directive

1 min read     Updated on 19 Aug 2026, 12:07 PM
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DGMS withdrew blasting permission at BCCL's New Akashkinaree Colliery in the Govindpur Area effective August 17, 2026, citing land subsidence concerns at Chhatabad over abandoned IX Seam underground workings. The District Disaster Management Authority, Dhanbad, also ordered cessation of blasting and mining operations on August 14, 2026. Operations will remain suspended until a scientific study deems the area safe and DGMS grants fresh written permission. BCCL stated it is undertaking the required technical study and aims to seek fresh permission at the earliest.

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Bharat Coking Coal Ltd has halted controlled deep-hole blasting operations at its New Akashkinaree Colliery (NAKC) in the Govindpur Area following a directive from the Directorate General of Mines Safety (DGMS). The safety regulator withdrew the permission granted under the Coal Mines Regulations, 2017, effective August 17, 2026, citing safety concerns related to land subsidence. Operations will remain suspended until fresh written permission is granted following a scientific safety evaluation.

The DGMS communication mandates that blasting operations shall not resume without express and fresh written permission. The directive also requires compliance with instructions from the Deputy Commissioner cum Chairman, District Disaster Management Authority, Dhanbad, issued on August 14, 2026. These authorities have ordered the cessation of blasting and mining operations until the affected area is declared safe following a scientific study and evaluation.

Operational impact and safety directives

The stoppage pertains specifically to the New Akashkinaree Colliery within BCCL's Govindpur Area. The core issue involves land subsidence reported at Chhatabad, located near the colliery. According to the disclosure, this subsidence has occurred over the abandoned IX Seam old underground workings of the New Akashkinaree Colliery. The affected land is owned by BCCL.

Parameter: Details
Colliery: New Akashkinaree Colliery (NAKC)
Area: Govindpur Area
Directive effective: August 17, 2026
Subsidence location: Chhatabad
Affected workings: Abandoned IX Seam old underground workings
Regulatory authority: DGMS
District authority: Deputy Commissioner cum Chairman, DDMA Dhanbad

The regulatory intervention highlights strict adherence to mine safety protocols. The DGMS has explicitly linked the suspension of operations to the need for a scientific evaluation of the subsidence risk. Until this study is completed and the area is deemed safe, no blasting can occur.

Company response

BCCL stated it is undertaking appropriate steps in accordance with the instructions of the concerned authorities. This includes conducting the required technical study to assess the subsidence issue. The company aims to seek fresh permission from the DGMS at the earliest possible time to resume normal operations.

This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on August 19, 2026. The filing was signed by Debanuj Debnath, Company Secretary and Compliance Officer of Bharat Coking Coal Limited.

Historical Stock Returns for Bharat Coking Coal

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%-2.13%-11.03%-4.33%-18.33%-18.33%

How might the suspension of blasting at New Akashkinaree Colliery impact BCCL's short-term coking coal production targets and supply chain stability?

What is the estimated timeline for the scientific safety evaluation, and how does this delay compare to historical precedents for similar DGMS directives?

Could this incident trigger a broader regulatory review of land subsidence protocols across other collieries in the Govindpur Area or similar geological zones?

Bharat Coking Coal uploads 55th AGM recording to BSE and NSE

1 min read     Updated on 11 Aug 2026, 10:48 AM
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Bharat Coking Coal Limited has complied with SEBI LODR Regulation 30 by uploading the video recording of its 55th AGM to stock exchanges. The meeting, held on August 7, 2026, saw the approval of financial results showing a PAT decline to ₹128.28 crore, alongside director appointments and auditor ratifications.

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Bharat Coking Coal Limited has uploaded the video recording of its 55th Annual General Meeting (AGM) to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The filing, dated August 11, 2026, ensures transparency and compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM was held on August 7, 2026, via Video Conferencing/Other Audio Visual Means (VC/OAVM).

AGM Recording and Compliance

The company submitted the recording link as Annexure-A in its communication to the Listing Departments of both exchanges. This action fulfills the regulatory requirement for public availability of AGM proceedings for listed entities. The meeting commenced at 10:00 AM and concluded at 12:19 PM on August 7, 2026.

Detail Information
Meeting Date August 7, 2026
Filing Date August 11, 2026
Regulatory Reference SEBI (LODR) Regulation 30
Video Link Available via BSE/NSE filings

Key Resolutions Passed

During the AGM, shareholders approved seven proposals covering ordinary and special business items. These included the adoption of standalone audited financial statements for the fiscal year ended March 31, 2026, and the re-appointment of directors retiring by rotation.

  • Financial Adoption: Standalone Audited Financial Statements for FY2026 were adopted.
  • Director Appointments: Re-appointment of Murlikrishna Ramaiah (Director, HR) and Sanoj Kumar Jha (Part Time Official Director) was approved.
  • Auditor Ratification: Cost Auditors' remuneration of ₹17,60,000 for FY2026 was ratified.
  • New Appointments: Rajesh Kumar and Rajeev Kumar Sinha were appointed as Directors effective February 10, 2026, and May 1, 2026, respectively.
  • Secretarial Audit: M/s Mahata Agarwal & Associates was appointed as Secretarial Auditor for five years.

Financial Context

The AGM coincided with the disclosure of financial results for FY2026, which showed a significant decline in profitability. Profit After Tax (PAT) dropped to ₹128.28 crore from ₹1,240.19 crore in the previous year. Management attributed this decline to lower production and offtake, increased operational costs, difficult geological conditions, and unprecedented rainfall affecting underground mines.

Despite the financial headwinds, the company reported progress in strategic areas such as the implementation of Longwall mining technology and the monetisation of the Dugda Coal Washery under the National Monetisation Pipeline.

Historical Stock Returns for Bharat Coking Coal

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%-2.13%-11.03%-4.33%-18.33%-18.33%

How will the implementation of Longwall mining technology impact Bharat Coking Coal's production efficiency and cost structure in FY2027?

What is the projected timeline and expected revenue contribution from the monetisation of the Dugda Coal Washery under the National Monetisation Pipeline?

Given the 90% drop in PAT, what specific operational strategies has management outlined to mitigate risks from geological challenges and extreme weather events?

More News on Bharat Coking Coal

1 Year Returns:-18.33%