Supreme Court to Hear Subsidiary's Case on Ganajur Mining Lease
The Indocil Silicons matter was heard by the Supreme Court on September 29, 2026.
- Court Hearing Date
- September 29, 2026
- Subsidiary
- Deccan Exploration Services Private Limited (DESPL)
- Impleadment Application Approval
- September 5, 2023
- Asset in Dispute
- Ganajur Mining Lease
What happened
The matter relating to Indocil Silicons Private Limited came up for hearing before the Supreme Court on September 29, 2026.
The Court directed that parties who have shared impleadment applications shall also be heard at the time of hearing of the appeals.
Why it matters to the company
- Deccan Exploration Services Private Limited (DESPL) is a wholly owned subsidiary.
- Its impleadment application was already allowed on September 5, 2023.
- As a result, DESPL will have an opportunity to present its case before the Court in relation to its Ganajur Mining Lease.
Company's stance
The company, in consultation with its legal team, says it will continue to take all necessary and appropriate steps to safeguard and protect its interests in the Ganajur Mining Lease. Shareholders will be kept informed of material developments as they occur.
This is a procedural update in an ongoing court matter; the outcome of the appeals is still pending before the Supreme Court.
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