Ref: SEC/212/2026-27
April 24, 2026
London Stock Exchange
London
Dear Madam, Sirs,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
This has reference to our disclosure dated April 4, 2026 on the aforementioned subject.
Background:
On April 3, 2026, Tata Steel Limited ('Company') received a Demand Notice dated March 30, 2026, issued by the District Mining Office, Ramgarh, Jharkhand ('DMO') demanding an aggregate amount of ₹1755,10,54,029/-. The demand has been made alleging excess extraction of approximately 1,62,40,399 MT of mineral coal from the Company's West Bokaro Colliery beyond the permissible limits during the period FY 2000‑01 to FY 2006‑07. The demand notice was issued by the DMO based on grounds similar to those noted by the Hon'ble Supreme Court in the case of 'Common Cause vs. Union of India'
(WPC No. 114 of 2014).
Present Status:
The Management believes that the demand lacks justification and substantive basis. Accordingly, the Company has today, i.e. April 24, 2026, filed a Revision Application bearing No. 101 of 2026 before the Hon'ble Revisional Authority, Ministry of Coal, Government of India challenging the Demand Notice issued by the DMO, Ramgarh. For further details, please refer to Annexure-A.
This disclosure is being made by the Company in compliance with Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This is for your information and records.
Annexure-A
|
SN |
Particulars |
Details |
|
1 |
Brief details of litigation viz. name(s) of the opposing party, court/ tribunal/ agency where litigation is filed, brief details of dispute/litigation. |
Revisionist:
Tata Steel Limited
Respondents:
1. The State of Jharkhand through its Secretary, Department of Mines and Geology and; 2. District Mining Officer, Ramgarh, Jharkhand
Tribunal:
The Hon'ble Revisional Authority, Ministry of Coal, Government of India, New Delhi.
Brief details of litigation:
On April 24, 2026, Tata Steel Limited ('Company') filed Revision Application bearing No. 101 of 2026 before the Hon'ble Revisional Authority, Ministry of Coal, Government of India challenging the Demand Notice issued by the District Mining Officer ('DMO'), Ramgarh, Jharkhand for an aggregate amount of ₹1755,10,54,029/-, alleging excess extraction of approximately 1,62,40,399 MT of mineral coal from the Company's West Bokaro Colliery beyond the permissible limits during the period FY 2000‑01 to FY 2006‑07. |
|
2 |
Expected financial implications, if any/quantum of claims, if any. |
₹1755,10,54,029/- |