GOCL Corporation Limited — Important, 28-02-2025: Updates

IDL Explosives Limited, a wholly-owned subsidiary of GOCL Corporation, is actively seeking resolution in its ongoing matter with Coal India Limited (CIL). After filing an appeal for a review of CIL's prior decision, IDL received an unfavorable response and has subsequently approached the Hon’ble High Court of Calcutta. The court has mandated CIL to address IDL’s appeal within four weeks. Following this directive, CIL has reiterated its previous stance on the matter. IDL is considering all available legal avenues to seek relief. This situation emphasizes potential operational challenges, and shareholders should monitor the developments closely as legal recourse may affect future business dynamics.