REG - Tata Steel Limited - Disclosure under Regulations 30 & 51 of SEBI LODR

TATA SteelAnnouncement

24/11/2025 07:00

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RNS Number : 6274I  Tata Steel Limited  22 November 2025

 

 

Ref.: SEC/1211/2025-26
 
   November 22, 2025

 

 London Stock Exchange

 London

Dear Sir, Madam,

 

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

 

This has reference to our disclosure dated October 29, 2025 regarding material
litigation relating to the Sukinda Chromite Block of Tata Steel Limited
('Company').

 

Background:

 

On October 3, 2025, the Company received a Demand Letter issued by the Office
of Deputy Director of Mines, Jajpur ('Demand Letter'), 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 the Mine Development and Production Agreement (i.e., July 23, 2024
through July 22, 2025) in alleged violation of Rule 12A of the Minerals (Other
than Atomic and Hydrocarbon Energy Minerals) Concession Rules, 2016, and
consequent appropriation of performance security. On October 29, 2025, the
Company filed a Writ Petition (Civil) No. 31035 of 2025 before the Hon'ble
High Court of Orissa at Cuttack ('Hon'ble High Court') inter alia seeking
quashing of the aforementioned Demand Letter.

 

Present Status:

 

The Writ Petition was heard by the Hon'ble High Court on November 21, 2025.
The Company hereby informs that, the Hon'ble High Court vide its order dated
November 21, 2025, received by the Company on November 21, 2025 has (i) tagged
the Company's Writ Petition with other Writ Petitions raising similar and
identical issues pending before the Hon'ble High Court and, (ii) granted an
interim protection by restraining the opposite parties/authorities from taking
any coercive step against the Company till the next date of hearing scheduled
to be held on December 3, 2025.

 

This disclosure is being made by the Company in compliance with Regulations 30
and 51 read with Schedule III of the SEBI Listing Regulations.

 

This is for your information and records.

 

 

 

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