Tata Steel Share Price in Focus as Orissa High Court Quashes ₹4,313 Crore Demand Notices on Sukinda Chromite Block

Tata Steel Limited has received a significant update regarding its ongoing litigation related to the Sukinda Chromite Block.  

The High Court of Orissa has delivered a judgement that quashes the demand notices issued by the Office of Deputy Director of Mines, Jajpur, amounting to over ₹4,313 crore. 

Background of the Litigation 

The litigation pertains to 2 writ petitions filed by Tata Steel. The first writ petition, filed on August 8, 2025, challenged a demand letter dated July 3, 2025, which raised a demand of ₹1,902,72,53,760.  

This was related to a revised assessment of shortfall in mineral dispatch from the Sukinda Chromite Block for the 4th year under the Mine Development and Production Agreement (MDPA). 

The second writ petition, filed on October 29, 2025, contested another demand letter dated October 3, 2025, for ₹2,410,89,66,881, concerning the 5th year’s shortfall in Chrome Ore dispatch. 

High Court's Judgement 

On April 20, 2026, the High Court pronounced its judgement, which Tata Steel received on April 27, 2026.  

The court concluded that the amendments to Rule 12A of the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016, were constitutionally valid and not ultra vires.  

However, it clarified that the penal provisions introduced in 2021 could not be applied retrospectively. 

Read More: Tata Steel Deploys 300+ AI Agents with Google Cloud Across its Global Value Chain! 

Impact on Demand Notices 

The court's judgement quashed the demand notices to the extent they contradicted its conclusions.  

This effectively nullifies the demands made in the letters dated July 3, 2025, and October 3, 2025, issued by the Deputy Director of Mines, Jajpur. 

Tata Steel Share Price Performance 

As of April 28, 2026, at 9:36 AM, Tata Steel share price on NSE was trading at ₹216.19 up by 1.37% from the previous closing price. 

Conclusion 

Tata Steel's legal challenge against the demand notices related to the Sukinda Chromite Block has resulted in a favourable outcome for the company. The High Court's decision to quash the demand notices provides significant relief from the financial claims amounting to over ₹4,313 crore. 

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