Sunflag Iron And Steel Company Declared Successful Bidder for Tambia South Coal Block
Sunflag Iron And Steel Company Limited recently announced its success in the auction process for a major coal resource. The company was declared a "successful Bidder" for the allocation of the Tambia South Coal Block/Mine, located in the State of Madhya Pradesh.The allocation pertains to commercial mining rights for the Tambia South Coal Block. This auction was conducted by the Ministry of Coal through the Nominated Authority under the Mines and Mineral (Development and Regulations) Act, 1957.
The official communication confirming Sunflag Iron And Steel Company Limited's status as a successful Bidder was received on May 14, 2026. This bid was placed during the 12th tranche of the auction.
SUNFLAG Stock Price Movement
Today, shares of Sunflag Iron And Steel Company Limited shed 1.69% to settle at ₹373.8. The stock traded on a volume of 242,456 shares today.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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