Tata Steel Limited has on April 3, 2026, received a Demand Notice dated March 30, 2026, issued by the District Mining Office, Ramgarh, Jharkhand ('DMO') alleging extraction of approximately 16,240,399 MT of mineral coal from the Company's West Bokaro Colliery in excess of the permissible limits during the period Fiscal Year 2000-01 to Fiscal Year 2006-07. The demand notice has been issued by the DMO based on grounds similar to those noted by the Hon'ble Supreme Court in the Common Cause vs. Union of India case (WPC No.
114 of 2014). The alleged excess production has resulted in an aggregate demand of INR 17,551,054,029. The Management believes that the demand lacks justification and substantive basis.
Accordingly, the Company will pursue suitable legal remedies before the appropriate judicial or quasi-judicial forum(s).
Tata Steel Limited is an India-based global steel company. The Company and its subsidiaries have presence across the entire value chain of steel manufacturing from mining and processing iron ore and coal to producing and distributing finished products. The Company offers a range of steel products including a portfolio of high value-added downstream products such as hot rolled, cold rolled, coated steel, rebars, wire rods, tubes and wires. Its segments include Tata Steel India, Neelachal Ispat Nigam Limited, Other Indian Operations, Tata Steel Netherlands Operations, Tata Steel UK Operations, Other Trade Related Operations, South East Asian Operations and Rest of the World. It serves customers across diverse markets including construction and infrastructure, construction retail, automotive and ancillaries, energy, engineering goods, packaging, and downstream. Its products include Automotive Steels, Galvano, Tata Agrico (Agriculture, Construction, and Hand Tools), Tata Astrum and others.
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