NewsBharat Coking Coal Limited Terminates Contract Agreement with Loyabad Coalfields Private LimitedBharat Coking Coal Limited Terminates Contract Agreement with Loyabad Coalfields Private Limited
Bharat Coking Coal Limited has terminated its contract agreement with Loyabad Coalfields Private Limited for the re-opening, development and operation of Loyabad Coal Mine on revenue sharing basis. The decision was approved by the company's CFDs on 13.03.2026. The company will review the mine's feasibility before deciding on future course of action.
*this image is generated using AI for illustrative purposes only.
Bharat coking coal Limited has terminated its contract agreement with Loyabad Coalfields Private Limited, marking the end of their collaboration for the Loyabad Coal Mine project. The decision was formally approved by the company's CFDs during a meeting held on 13.03.2026.
Contract Termination Details
The terminated agreement pertained to the "Re-opening, Development & Operation of Loyabad Coal Mine on Revenue Sharing Basis." This contract arrangement had established a framework for collaborative mining operations between the two entities.
| Parameter: | Details |
|---|---|
| Contract Type: | Re-opening, Development & Operation |
| Mine: | Loyabad Coal Mine |
| Basis: | Revenue Sharing |
| Termination Date: | 13.03.2026 |
| Counterparty: | Loyabad Coalfields Private Limited |
Future Course of Action
Bharat Coking Coal Limited has indicated that the feasibility of the mine will undergo a comprehensive review. Based on this assessment, the company will determine the appropriate future course of action for the Loyabad Coal Mine project.
Regulatory Compliance
The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was communicated to both the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited on 13.03.2026.
The termination represents a strategic decision by Bharat Coking Coal Limited as it reassesses its mining operations and partnership arrangements. The company's commitment to reviewing the mine's feasibility suggests a methodical approach to future development plans.
Historical Stock Returns for Bharat Coking Coal
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.90% | -11.63% | -6.01% | -21.39% | -21.39% | -21.39% |
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
