Disclosure under Regulations 30 & 51 of SEBI LODR

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.

 

END