Tata Steel Limited — Others, 17-01-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Tata Steel has filed a Curative Petition with the Supreme Court of India, seeking a review of the Court's prior decision regarding the state's authority to tax mineral rights. This follows earlier disclosures about ongoing litigation concerning the imposition of taxes by the Odisha government. The Supreme Court's rulings have significant implications for the company's tax obligations and operational costs in the region. Investors may view this development with a cautious but potentially positive outlook, as it represents Tata Steel's proactive approach to contesting unfavourable legal determinations that could impact its financial health.