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

TATA SteelAnnouncement

04/12/2025 16:00

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RNS Number : 3389K  Tata Steel Limited  04 December 2025

 

 

Ref: SEC/1298/2025-26

 

December 4, 2025

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 disclosures dated November 22, 2025 and November 26,
2025 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 December 3, 2025.

 

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 scheduled on December 3, 2025.

 

Present Status:

 

The abovementioned Writ Petitions 1 and 2 were heard by the Hon'ble High Court
on December 3, 2025. Based on the order copy made available today i.e.,
December 4, 2025, 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 December 12, 2025.

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.

 

Thanking you.

 

 

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