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The company holds 7,650 km of land in Assam’s Arakan Basin, which includes 15 exploration blocks.

This year’s World Environment Day theme centres on land restoration, halting desertification, and building drought resilience.

Cairn has recorded a substantial increase in its Gross Contingent (2C) resources to 1.126 Bboe, a year-on-year growth of 33%.

The matter pertains to Cairn UK Holdings complaining to the SEBI about alleged non-payment of dividend of Rs 340 crore by Cairn India.

The researchers carried out an extensive study and found grind stones, cairn stones, menhir stones, earthen pottery and tools used in the iron age period. 

Sebi said that under the mitigating circumstances, it was difficult to assume that Cairn India committed any default upon failure to pay the dividend.