Sunflag Iron and Steel Company Limited allocated Bhivkund Coal Mine

Sunflag Iron and Steel Company Limited has announced that vide Allocation Order no NA-104/2/2021-NA dated 18th November, 2021 issued by the Ministry of Coal, New Delhi, Office of the Nominated Authority under sub-rule (5) of rule 8 of the Coal Blocks Allocation Rules, 2017 read with section 11A of the Mines and Minerals (Development and Regulation) Act, 1957, the Company has received allocation of Bhivkund Coal Mine (the 'block') situated at Wardha Valley Coalfields, Visapur village, Tal : Ballarpur, Dist. : Chandrapur, Maharashtra.

The above allocation order is for the purpose of Sale of coal, including sale to Affiliates and related parties, utilisation of coal for any purpose including but not limited to captive consumption, Coal Gasification, Coal Liquefaction and export of coal.

Shares of Sunflag Iron And Steel Company Limited was last trading in BSE at Rs. 75.30 as compared to the previous close of Rs. 77.35. The total number of shares traded during the day was 71532 in over 1298 trades.

The stock hit an intraday high of Rs. 78.45 and intraday low of 75.00. The net turnover during the day was Rs. 5439685.00.

Source : Equity Bulls

Keywords

SunflagIronAndSteelCompanyLimited INE947A01014 CoalMine Allocation Bhivkund