TATA STEEL LTD.

Tata Steel Limited has announced the closure of its trading window for dealing in the company's securities. This closure is effective from Thursday, September 24, 2026, and is in connection with the finalization of the company's financial results for the quarter and half-year ending September 30, 2026. The trading window will be reopened 48 hours after the financial results are officially declared to the stock exchanges. This measure is part of the company's adherence to its Code of Conduct for Prevention of Insider Trading.

Tata Steel has received a court order from the Hon'ble High Court of Calcutta restricting the Joint Plant Committee (JPC) from utilizing or disbursing ₹2,970 crore. This amount was deposited by Tata Steel towards outstanding Steel Development Fund (SDF) loan obligations, without prejudice to its rights. The company had filed an appeal against a previous High Court order dismissing its writ petition for waiver of these loans. The interim application sought to safeguard the deposited funds until the appeal is disposed of. This development is a significant legal update concerning the company's substantial loan obligations.

Tata Steel Limited has received an unsolicited ESG score of 68.3 (Grade B) in the Metals and Mining Sector for 2026 from SES ESG Research Private Limited, a SEBI Registered ESG Rating provider. The score was voluntarily assigned by SES ESG based on publicly available data for FY2025-26 and other company information. Tata Steel has clarified that it did not engage SES ESG for these rating services. This disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Tata Steel Limited has completed the divestment of its entire 100% stake in its wholly-owned subsidiary, Jamshedpur Football and Sporting Private Limited (JFSPL), to Churchill Brothers Sports Club Private Limited. This transaction follows the execution of a Share Purchase Agreement and receipt of necessary approvals. JFSPL is no longer a subsidiary of Tata Steel. Despite this divestment, the company reaffirms its commitment to sports development in India, pledging further investment in its sporting infrastructure, including the Tata Football Academy and youth training centers, and highlighting its broader legacy across 19 sports disciplines.

Tata Steel Limited has acquired 1,620,370,371 equity shares of its wholly-owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP), for USD 140 million (approximately ₹1,340.16 crore). This infusion is part of an earlier approved aggregate investment limit of up to USD 26.21 Billion, with an additional fund infusion of up to USD 2 Billion approved by the Board on March 17, 2026. Following this acquisition, TSHP will continue to be a wholly-owned subsidiary of Tata Steel. This disclosure complies with SEBI regulations.

Tata Steel Limited has announced changes in its Senior Management Personnel, effective November 1, 2026. Mr. Jayanta Banerjee, the current Chief Information Officer (CIO), will superannuate from his services. Concurrently, Mr. Manish Garg will be appointed as the new Chief Information Officer. Mr. Garg joined Tata Steel as CIO (Designate) in January 2026 and brings close to 29 years of experience, primarily from Tata Consultancy Services (TCS). His expertise lies in digital transformation, technology-driven innovation, and data-led decisions across various industries and global teams.

Tata Steel Limited has successfully challenged a tax demand of ₹890,52,10,202/- along with an equal penalty and applicable interest, related to irregular availing of Input Tax Credit (ITC) for FY2018-19 to FY2020-21. The Supreme Court of India, vide its order dated August 25, 2026, set aside the Show Cause Notice and the Order-in-Original. The court granted liberty to the tax department to initiate fresh proceedings under Section 74 of the CGST Act, provided foundational facts are established and proceedings are initiated before February 28, 2027. The company had argued that the tax credit was claimed in a subsequent permissible financial year and that the notice was issued without jurisdiction and was time-barred.

Tata Steel Ltd has been involved in legal proceedings concerning demand notices totaling over ₹4300 crore related to alleged shortfalls in mineral dispatch from its Sukinda Chromite Block. The Hon'ble High Court of Orissa had previously quashed these demand notices. However, the State of Odisha has filed Special Leave Petitions before the Hon'ble Supreme Court of India. The Supreme Court has issued a notice to Tata Steel, with a returnable date of October 5, 2026, indicating the ongoing legal challenge. This disclosure is made in compliance with SEBI Listing Regulations.

Tata Steel Limited has received a significant reprieve in a demand notice issued by the District Mining Office, Ramgarh, Jharkhand, for ₹1755,10,54,029/-. The demand was based on allegations of excess coal extraction from its West Bokaro Colliery between FY 2000-01 and FY 2006-07. The company challenged this demand by filing a Revision Application before the Hon'ble Revisional Authority, Ministry of Coal. The Authority has now admitted the application and directed that no coercive steps be taken against Tata Steel during the pendency of the revision, providing a temporary relief to the company.

Tata Steel Limited has successfully completed the acquisition of a 23% equity stake in TM International Logistics Limited (TMILL) for an aggregate consideration of ₹335 crore. This acquisition, involving 41,40,000 equity shares of face value ₹10 each, was made from IQ Martrade Holding Und Management GmbH (IQ). Following the transaction, Tata Steel's holding in TMILL increases to 74%, making TMILL a subsidiary. NYK Holding Europe B.V. retains a 26% stake. The acquisition received approval from the Competition Commission of India on August 18, 2026. Consequently, the Joint Venture Agreement and Deed of Adherence related to TMILL have been terminated.