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Legal & Regulatory

Tata Steel Legal & Regulatory

Tata Steel Limited received a favorable judgment from the Orissa High Court quashing demand notices totaling ₹4,313.62 Crore. The demands related to alleged mineral dispatch shortfalls at the Sukinda Chromite Block. The court ruled that certain penal provisions cannot be applied retrospectively, significantly reducing the company's potential liability.

Key figures
Value₹4,314 Cr
Source

BSE filing, NSE: TATASTEEL. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Tata Steel Ltd: key numbers

Share price
₹169.27
Market cap
₹2,11,309 Cr
Revenue (annual)
₹2,32,140 Cr
Net profit (annual)
₹10,794 Cr
P/E (TTM)
19.1×Sector 16.7×
Promoter holding
32.94%+0.00% QoQ
FII holding
17.72%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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