Legal28 Feb 2026, 07:10 pm
Tata Steel Subsidiary Challenges ₹587 Crore Demand from Odisha Government
AI Summary
Tata Steel Ltd. announced that its subsidiary, Neelachal Ispat Nigam Limited (NINL), has received a Show Cause Notice (SCN) from the Office of the Deputy Director of Mines, Koira Circle, Koira Steel & Mines Department, Government of Odisha. The SCN seeks recovery of ₹587,86,25,047 from NINL as shortfall towards additional charges on dispatch of Iron Ore between February 2022 and March 2025. NINL believes that its Iron Ore Mine does not fall under the purview of Section 8A(8) of MMDR Act as alleged in the SCN and is preparing to respond to the SCN and pursue legal remedies if necessary.
Key Highlights
- Tata Steel's subsidiary, NINL, received a Show Cause Notice from the Office of the Deputy Director of Mines, Koira Circle, Koira Steel & Mines Department, Government of Odisha.
- The SCN seeks recovery of ₹587,86,25,047 from NINL as shortfall towards additional charges on dispatch of Iron Ore between February 2022 and March 2025.
- NINL believes that its Iron Ore Mine does not fall under the purview of Section 8A(8) of MMDR Act as alleged in the SCN.
- NINL is preparing to respond to the SCN and pursue legal remedies if necessary.
- There is no impact on financial, operational, or other activities of Tata Steel Limited or NINL, arising from the said SCN.