Tata Steel Faces Rs 1,902 Crore Demand Notice from Odisha

l Ltd has been issued a Rs 1,902 crore demand notice by the Deputy Director of Mines, Jajpur, Odisha, for an alleged shortfall in mineral dispatch from its Sukinda Chromite Block. The notice, received on July 3, 2025, relates to the fourth year of the Mine Development and Production Agreement, covering July 23, 2023, to July 22, 2024. The company disputes the claim, stating it lacks justification, and plans to pursue legal remedies. The demand, which includes the sale value of the shortfall and appropriation of performance security, may keep Tata Steel's stock under pressure in the near term.