Sukinda Block: Supreme Court notice on Odisha appeal against Tata Steel relief

Court Stay ObtainedRegulatory & Legal View source PDF Explain this filing

TATASTEEL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹186.94

prior close

₹186.44

announcement price

In-mkt

timing

Nifty 100market-0.4%+1.8% vs market

Iron & Steel peers, median of 10sector+1.8%-0.3% vs sector

On the reaction day the stock moved 1.8 pts more than Nifty 100 and 0.3 pts less than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

+0.6

15m

+0.7

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4-0.4+1.8+1.8-0.3

Next day

-0.1-0.9+0.8+1.1-1.2

-0.4-0.6+0.2+1.0-1.5

-1.4-1.0-0.3-0.3-1.1

-2.0-1.3-0.7-0.5-1.5

-2.0-1.8-0.2-0.4-1.5

+1.0-1.9+2.9+0.8+0.2

15d

+0.1-4.4+4.5-3.4+3.6

-0.3-6.2+5.9-1.5+1.1

-9.6-7.3-2.3-8.7-0.9

—————

UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tata Steel received two demand notices from Odisha mines authorities totaling about Rs 4,313 crore for alleged shortfalls in mineral dispatch from its Sukinda Chromite Block. The company challenged both in the Orissa High Court, which on April 20, 2026 quashed the demand notices. State of Odisha has now appealed to the Supreme Court, which issued notice on Aug 25, 2026; next hearing on October 5, 2026.

Likely market impact

Demand notices worth about Rs 4,313 crore were quashed by High Court, but Odisha's Supreme Court appeal keeps the outcome uncertain for shareholders.