Penalty Imposed on Khaitan Chemicals & Fertilizers for Coal Transportation Violation
Khaitan Chemicals & Fertilizers Ltd has faced a monetary penalty following an order issued by the District Mines Officer, Rajnandgaon, Government of Chhattisgarh. The penalty was imposed in connection with the transfer of coal as a material between two plants using Truck No. RJ 04 GB 1299.The violation centers on the transportation of coal without the requisite transit permit or transit pass, which contravened the applicable provisions of relevant mining laws and rules, as specified in the order passed by the Mining Officer.
The company addressed the financial obligation by depositing the penalty amount of ₹ 1,20,782/-, facilitated through a State Bank Collect e-Challan dated 07 July 2026.
Financial impact assessment indicates that the penalty constitutes the full financial effect of the incident. The listed entity reported no material impact on its operations or other activities resulting from this action.
Key details regarding the penalty and violation are summarized below:
| Parameter | Detail |
|---|---|
| Authority | District Mines Officer, Rajnandgaon, Government of Chhattisgarh |
| Penalty Amount | ₹ 1,20,782/- |
| Date of Order Receipt | 07 July 2026 |
| Violation | Transportation of coal without the requisite transit permit/transit pass. |
| Operational Impact | No material impact on the Company's operations or activities. |
KHAICHEM Stock Price Movement
As of 1:48 PM, shares of Khaitan Chemicals & Fertilizers Limited are slipping by 2.50% in live trading, currently trading at ₹52.20 as the stock sheds ₹1.34 against the previous close. The company's equity has seen steady activity during the day, with a total traded volume of 108,871 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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