bharat coking coal Limited has informed the stock exchanges that a material litigation disclosed in its offer documents has been disposed of by the Hon'ble High Court of Jharkhand at Ranchi. The court, via its order dated June 30, 2026, disposed of W.P. (Cr.) No. 652 of 2022, passing no adverse directions against the company. This development concludes the legal matter that was previously highlighted during the listing process.

The litigation originated from a writ petition filed by Mahendra Singh before the High Court under Article 226 of the Constitution of India. The petition sought directions for authorities to arrest accused persons connected to a case dating back to July 13, 1989. Bharat Coking Coal Limited was impleaded in the petition on allegations that certain accused individuals were erstwhile employees of the company.

Following the court's decision, the company confirmed that the litigation stands closed. The disclosure was made to the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disposal of the petition removes the legal uncertainty associated with the case. Bharat Coking Coal Limited stated that the information was submitted for the exchanges' records and necessary purposes.

Bharat Coking Coal Limited has restructured its senior management team with the appointment of two new personnel effective June 30, 2026, following the superannuation of previous executives. Shri Jayanta Kumar Das has assumed the role of Area General Manager for the PB Area, while Shri Rakesh Kumar Sinha has taken charge as General Manager and Head of the Excavation Department. These changes were disclosed to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The appointments were necessitated by the retirement of Shri Ganesh Chandra Saha, General Manager (Mining), and Shri Madhup Kumar Seth, General Manager (Excavation). Consequently, Shri Saha and Shri Seth have ceased to be Senior Management Personnel of the company. Additionally, Shri Avrendra Kumar, General Manager (Mining) and Head of the Environment Department, superannuated from the company and is no longer part of the senior management.

Profiles of New Appointees

Shri Jayanta Kumar Das brings over three decades of experience to his new position. He holds a Bachelor of Engineering in Mining Engineering from NIT Rourkela and a Post Graduate Diploma in Business Management from NMIMS, Mumbai. Before joining Bharat Coking Coal in May 2026, he served in various capacities at Western Coalfields Limited, North Eastern Coalfields, and Coal India Limited since April 1993. His expertise spans underground and opencast mining, safety and rescue operations, and project monitoring.

Shri Rakesh Kumar Sinha has been associated with the company since May 2023. He possesses a Bachelor of Technology degree in Mine Machinery from IIT (ISM), Dhanbad. Prior to his current tenure, he served at Northern Coalfields Limited, a subsidiary of Coal India Limited, from August 1991 to May 2023. He has extensive experience in the coal mining sector, specifically in excavation and mine machinery operations.

Summary of Management Changes