Tata Steel Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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TATASTEEL · price

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

+2.6%Reaction day

₹156.33

prior close

₹156.87

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+1.2%+1.4% vs market

Iron & Steel peers, median of 9sector+2.1%+0.5% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty 100 and 0.5 pts more 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

+0.7

10m

+1.0

15m

+1.1

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6+1.2+1.4+2.1+0.5

Next day

+3.2+1.6+1.6+2.3+0.9

+2.2+1.2+1.0+1.0+1.2

+2.2+1.3+0.9+3.0-0.8

+6.2+1.0+5.2+3.3+2.9

+5.9+0.7+5.2+4.1+1.8

+4.0+1.0+3.0+1.4+2.6

15d

+2.3-0.2+2.5+1.1+1.2

+1.9-2.1+4.0-1.7+3.6

-0.8-2.0+1.2-1.8+1.0

+7.0-2.1+9.1+10.1-3.1

UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 9Pending

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

AI summary

Tata Steel has received a Demand cum Show Cause Notice dated June 13, 2025 from the Office of the Commissioner of CGST & Central Excise, Jamshedpur, alleging irregular availment of Input Tax Credit of approximately ₹890.52 crore for the period FY2018-19 to FY2020-21 under the CGST and IGST Acts. The tax authority is proposing to demand and recover this ITC amount, along with interest and penalty, and the company has 30 days to respond to the Adjudicating Authority. Tata Steel has stated that the notice has no merit and it will make its submissions within the given timeline. The company has clarified that there is no impact on its financial, operational, or other activities arising from this notice.

Likely market impact

This is a preliminary show cause notice, not an order or penalty — so there is no immediate financial hit. However, if the demand is ultimately upheld, the company could face a liability of roughly ₹890 crore plus interest and penalties, which is material and could weigh on sentiment in the short term.