Pursuant to Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para B of Part A of Schedule III thereto, this is to inform that the following litigation has become material and is accordingly being disclosed.\r\n\r\nThe litigation pertains to the implementation of the Award dated 08.06.2000 passed by the Central Government Industrial Tribunal, Dhanbad in Reference Case No. 97 of 1995, whereby regularisation of 75 workmen as Category-I General Mazdoors along with consequential monetary benefits was directed. The Award was set aside by the learned Single Judge of the Hon'ble High Court of Jharkhand. Thereafter, the Division Bench restored the Award. The Special Leave Petition and the Review Petition preferred by the Company before the Hon'ble Supreme Court were subsequently dismissed.\r\n\r\nFurther details attached.