Sobhagya Mercantile Ltd approves submission of mining plan

The Board of Directors of Sobhagya Mercantile Ltd in their meeting held today i.e. 03rd January, 2025 has, approved the submission of Mining Plan for Marki Mangli IV Coal Mine, Maharashtra.

Mr. Shrikant Mitesh Bhangdiya, (DIN:02628216) Managing Director of the Company is authorized to sign and submit the said mining plan and mine closure plan for the Marki Mangli IV Coal Mine Block and modifications (if any) to the said plan, as may be advised by the Ministry of Coal, Govt. of India, New Delhi and is also authorized to sign and submit the application(s), affidavit(s) and any other document(s) for and on behalf of the company, to the Ministry of Coal, GOI and to receive documents from the concerned authorities in connection with the said mining plan.

Shares of SOBHAGYA MERCHANTILE LTD. was last trading in BSE at Rs. 273.80 as compared to the previous close of Rs. 279.35. The total number of shares traded during the day was 242 in over 22 trades.

The stock hit an intraday high of Rs. 273.80 and intraday low of 273.80. The net turnover during the day was Rs. 66259.00.

Source : Equity Bulls

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SOBHAGYAMERCHANTILE INE754D01018 MiningPlan