REG - Tata Steel Limited - Disclosure under Reg30&51 of SEBI LODR, 2015

TATA SteelAnnouncement

29/01/2026 16:45

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RNS Number : 9807Q  Tata Steel Limited  29 January 2026

 

 

Ref.: SEC/1718/2025-26

 

January 29, 2026

London Stock Exchange

London

 

Dear Madam, Sirs,

 

Sub: Disclosure under Regulations 30 and 51 of Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

 

This has reference to our disclosure dated January 21, 2026 regarding material
litigations relating to the Sukinda Chromite Block of Tata Steel Limited
('Company').

 

Background:

 

a)  Writ Petition 1: Writ Petition (Civil) No. 22431 of 2025 before the
Hon'ble High Court of Orissa at Cuttack

 

On July 3, 2025, the Company had received a Demand Letter issued by the Office
of Deputy Director of Mines, Jajpur ('Demand Letter 1'), raising a demand of
₹1902,72,53,760/-, in connection with revised assessment of shortfall in
dispatch of minerals from the Company's Sukinda Chromite Block, for the 4th
year in terms of Mine Development and Production Agreement (i.e., July 23,
2023 through July 22, 2024) in alleged violation of Rule 12-A of the Minerals
(Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016
('MCR 2016'), and consequent appropriation of performance security. On August
8, 2025 the Company had filed Writ Petition (Civil) No. 22431 of 2025 before
the Hon'ble High Court of Orissa at Cuttack ('Hon'ble High Court') inter alia
seeking quashing of the Demand Letter 1.

 

On August 14, 2025, the Hon'ble High Court tagged the petition with similar
cases and granted interim protection, restraining opposite parties/authorities
from taking coercive action until the next date of hearing this matter.
Thereafter, the matter was heard by the Hon'ble High Court on several
occasions and the interim protection was extended till January 29, 2026.

 

b)  Writ Petition 2: Writ Petition (Civil) No. 31035 of 2025 before the
Hon'ble High Court of Orissa at Cuttack

 

On October 3, 2025, the Company received another Demand Letter issued by the
Office of Deputy Director of Mines, Jajpur ('Demand Letter 2'), raising a
demand of ₹2410,89,66,881/-, in connection with assessment of shortfall in
dispatch of Chrome Ore from the Company's Sukinda Chromite Block, for the 5th
year in terms of Mine Development and Production Agreement (i.e., July 23,
2024 through July 22, 2025) in alleged violation of Rule 12A of the MCR 2016
and consequent appropriation of performance security. On October 29, 2025, the
Company filed Writ Petition (Civil) No. 31035 of 2025 before the Hon'ble High
Court inter alia seeking quashing of the aforementioned Demand Letter 2.

 

On November 21, 2025, the Hon'ble High Court tagged the petition with similar
cases and granted interim protection, restraining opposite parties/authorities
from taking coercive action against the Company, until the next date of
hearing of this matter. Thereafter, the matter was heard by the Hon'ble High
Court on several occasions and the interim protection was extended till
January 29, 2026.

 

Present Status:

 

The abovementioned Writ Petition 1 and Writ Petition 2 were heard by the
Hon'ble High Court today i.e., January 29, 2026 and based on the order copy of
Writ Petition 1 and Writ Petition 2, made available today, the Company hereby
informs that, the Hon'ble High Court has further extended the interim
protection for both the matters till the next date of hearing scheduled on
February 2, 2026.

 

This disclosure is being made by the Company in compliance with Regulations 30
and 51 read with Schedule III of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015.

 

This is for your information and records.

 

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