Birla Corporation Limited has received a significant penalty order from the Rajasthan mining authorities for alleged violations of mining regulations. The cement manufacturer disclosed the development through a regulatory filing under SEBI's disclosure requirements on 22nd April, 2026, highlighting potential legal and financial implications for the company.

Penalty Details and Financial Impact

The Mining Engineer, Department of Mines & Geology, Chittorgarh, Rajasthan has imposed substantial financial penalties on the company through an order received on 21st April, 2026 at around 4.03 p.m. (IST). The penalty structure includes multiple components that significantly impact the company's financials.

Nature of Alleged Violations

The mining authorities have alleged specific violations related to the company's mining operations in the region. According to the order passed under Section 4 and 21 of the MMDR Act, 1957, the Department of Mines & Geology has accused Birla Corporation of conducting mining activities that violated lease conditions.

The key allegations include:

• Mining activities carried out in certain areas restricted for mining
• Operations allegedly not in conformity with the conditions of the mining lease
• Violations of the terms and conditions specified in the mining lease agreement

Company's Response and Legal Strategy

Birla Corporation has strongly contested the penalty order and outlined its legal response strategy. The company maintains that its mining operations were conducted in full compliance with applicable laws and regulations. In its regulatory disclosure, the company stated that it believes the order is not maintainable and that the mining operations cannot be construed as illegal.

Regulatory Compliance and Disclosure

The company has fulfilled its regulatory obligations by disclosing the penalty order under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made promptly after receiving the order, with Company Secretary & Legal Head Manoj Kumar Mehta signing the regulatory filing on 22nd April, 2026.

The regulatory filing was submitted to both BSE Limited (Scrip Code: 500335) and National Stock Exchange of India Ltd. (Scrip Symbol: BIRLACORPN). The company has also uploaded the information on its official website at www.birlacorporation.com as part of its transparency commitments.

Next Steps and Legal Proceedings

Birla Corporation is actively preparing its legal challenge against the penalty order. The company is in the process of preferring an appeal or a writ petition before the Hon'ble Rajasthan High Court to contest the mining department's decision. This legal strategy reflects the company's confidence in its position that the mining operations were conducted lawfully and in compliance with all applicable regulations and lease conditions.

Birla Corporation Limited has issued newspaper advertisements announcing a special window for the re-lodgement of transfer and dematerialisation of physical shares, following regulatory requirements from the Securities and Exchange Board of India (SEBI).

Regulatory Compliance and Publication Details

The company published advertisements on April 16, 2026, in two prominent publications to ensure wide reach among shareholders. The advertisements appeared in Financial Express (All English editions) and Aajkaal (Bengali, Kolkata edition), providing coverage in both English and regional language formats.

Stock Exchange Communication

Birla Corporation Limited formally communicated this development to both major stock exchanges where its shares are listed. The company provided the newspaper advertisement copies to BSE Limited and National Stock Exchange of India Ltd along with a covering letter.

Digital Accessibility

To ensure maximum accessibility for shareholders, the notice has been made available through multiple channels. The company has uploaded the complete notice on its official website at www.birlacorporation.com , allowing shareholders to access the information digitally.

Corporate Office Information

The communication originated from Birla Corporation Limited's corporate office located at 1, Shakespeare Sarani, A.C. Market (2nd Floor), Kolkata 700 071. The company maintains comprehensive contact channels including phone numbers 033 6603 3300-02, fax +91 332288 4426, and email Coordinator@birlacorp.com for shareholder queries.

Purpose and Significance

This special window initiative relates to the re-lodgement of transfer and dematerialisation of physical shares, which is part of SEBI's ongoing efforts to modernize share transfer processes and enhance investor protection. The initiative provides shareholders with an opportunity to complete previously incomplete or defective share transfer applications within the specified timeframe.