MOIL (MOIL) — Announcement

📢 Key Event
MOIL receives water tax recovery notice from Balaghat authority

💡 Investor Takeaway
The notice introduces a potential contingent liability requiring legal review but poses no near-term financial or operational disruption.

MOIL received a short recovery notice from the Executive Engineer of Wainganga Division, Balaghat, demanding Rs 16.08 crores in additional water tax covering April 2008 to September 2025, including 24% interest and 1% service charges. The company confirmed no immediate operational impact and is reviewing the demand while planning legal appeal. This regulatory intimation under SEBI LODR Regulation 30 requires disclosure to exchanges.

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About MOIL Ltd (MOIL)

Metals & Mining · Mining & Mineral products · Listed on BSE

Market Cap: ₹5,103.41 Cr P/E: 80.4 ROE: 2.7% ROCE: 3.7% Div Yield: 2.39%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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