For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260407:nRSG3515Za&default-theme=true
RNS Number : 3515Z Tata Steel Limited 04 April 2026
Ref: SEC/27/2026-27
April 4, 2026
London Stock Exchange
London
Dear Madam, Sirs,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015
This has reference to the aforementioned subject.
Tata Steel Limited ('Company') has yesterday, i.e. April 3, 2026, received a
Demand Notice dated
March 30, 2026, issued by the District Mining Office, Ramgarh, Jharkhand
('DMO') alleging extraction of approximately 1,62,40,399 MT of mineral coal
from the Company's West Bokaro Colliery in excess of the permissible limits
during the period FY 2000‑01 to FY 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
₹1755,10,54,029/-.
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).
This disclosure is being made by the Company in compliance with Regulations 30
and 51 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
This is for your information and records.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCSSUSALEMSESL
Copyright 2019 Regulatory News Service, all rights reserved