Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Disclosure under Regulations 30 & 51 of SEBI LODR

24th Nov 2025 07:00

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.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCGZMZMFZKGKZM

Related Shares:

Tata Steel
FTSE 100 Latest
Value9,609.53
Change74.62