Tata Steel (TATASTEEL) — Announcement

Tata Steel faces two significant litigations regarding its Sukinda Chromite Block. The company received demand letters totaling ₹4,313.62 crores for alleged mineral dispatch shortfalls in fiscal years 2023-24 and 2024-25, violating mining concession rules. Both writ petitions before Orissa High Court had hearings concluded on February 2, 2026, with the court reserving judgement while extending interim protection against coercive action until the verdict is delivered.

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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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