Tata Steel Limited (TATASTEEL) — Announcement | 8 August 2025

· NSE 🔴 High Importance ⚠️ Negative
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings

Tata Steel received a demand letter on July 3, 2025, from Odisha's Deputy Director of Mines alleging shortfall in mineral dispatch from its Sukinda Chromite Block during the fourth year of the Mine Development and Production Agreement (July 2023–July 2024), claiming violation of MCR 2016 Rule 12-A. The demand totals ₹190.27 crores, including shortfall sale value and performance security appropriation. On August 8, 2025, Tata Steel filed a Writ petition in Orissa High Court seeking to quash the demand letter.

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About Tata Steel Limited (TATASTEEL)

Metals & Mining · Ferrous Metals · Listed on NSE

Market Cap: ₹2,70,692.8 Cr P/E: 29.5 ROE: 10.1% ROCE: 10.9%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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