Tata Steel (TATASTEEL) — Announcement

Tata Steel received a ₹1,902.73 crores demand letter from Odisha's mining authority on July 3, 2025, alleging mineral dispatch shortfalls from its Sukinda Chromite Block during the fourth contractual year. The company filed a writ petition in Odisha High Court on August 8, 2025, challenging the demand. On August 14, the court granted interim relief by restraining authorities from coercive action and consolidated the petition with similar cases, scheduling the next hearing for September 2, 2025.

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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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