Hon'ble Supreme Court of India vides judgement dated February 07, 2018 have directed to stop all mining operations in the state of Goa with effect from March 16, 2018. Hon'ble Supreme Court has directed that the mining leaseholders who have been granted the second renewal are given time to manage their affairs and may continue their mining operations till March 15, 2018. However, they are directed to stop all mining operations with effect from March 16, 2018, until fresh mining leases and fresh environmental clearances are granted. The Company's mines in the state of Goa will be impacted consequent to the judgement of Hon'ble Supreme Court.