24th Nov 2025 07:00
Ref.: SEC/1211/2025-26 November 22, 2025
London Stock Exchange London
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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.
Related Shares:
Tata Steel