Dispatch Dilemma: Granite Allegations Rock Pokarna Limited

Pokarna informed stock exchanges that the District Mines & Geology Officer, Tirupati, issued the demand on May 15, 2026. The allegations include unauthorized transportation of granite outside leased areas and misuse of permits under APMMC Rules, 1966.  

Regulatory Action And Allegations 

The demand aggregates to Rs. 33.39 crore, comprising seigniorage fees, penalties, District Mineral Foundation (DMF) contributions, and other levies. Authorities claim violations in excavation and transportation practices, raising compliance concerns under mining regulations.  

Company’s Response And Legal Position  

Pokarna, guided by legal advisors, believes the demand is unsustainable and has initiated steps to appeal. The company emphasized that there is no immediate financial or operational impact, as the matter remains under dispute.  

Key highlights  

• Demand notice issued by Andhra Pradesh Mines Department  
• Allegations of misuse of dispatch permits and unlawful granite excavation  
• Total claim raised: Rs. 33.39 crore including penalties and fees  
• Company preparing to appeal, citing lack of merit in demand  
• No immediate financial or operational impact reported  

Sources: Company filing with BSE and NSE