Date | March 30, 2015: UltraTech Cement Ltd had earlier announced about the order of the Mines Department, Government of Rajasthan, cancelling the transfer and mining lease of the limestone mines in the name of the UltraTech Cement Ltd's wholly owned subsidiary Gotan Limestone Khanij Udyog Private Limited (GKUPL). The order was challenged by GKUPL before the Rajasthan High Court at Jodhpur.

The Rajasthan High Court has by its order dated March 25, 2015 quashed and set aside the order relating to cancellation of the mine and all consequential actions of the Government of Rajasthan and has directed to handover the possession of mining lease to UltraTech Cement Ltd's wholly owned subsidiary Gotan Limestone Khanij Udyog Private Limited (GKUPL) forthwith.

This will enable GKUPL to take possession and operate the mines.

(Source: http://www.equitybulls.com/)