Tata Steel Limited has issued a regulatory disclosure regarding the publication of a newspaper advertisement for duplicate securities issuance, in accordance with Securities and Exchange Board of India (SEBI) requirements. The company filed this disclosure with both major stock exchanges on March 25, 2026, following the loss of original securities certificates by shareholders.

Regulatory Compliance Details

The advertisement was published pursuant to Regulation 30 read with Schedule III part A para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows SEBI circular no. HO/38/13/11(3)2025-MIRSD-POD/I/1102/2025, dated December 24, 2025, which mandates listed companies to issue advertisements regarding loss of securities.

Stock Exchange Notification

Tata Steel formally notified both BSE Limited and National Stock Exchange of India Limited about the newspaper advertisement publication. The company provided copies of the advertisement to the listing departments of both exchanges as part of its regulatory obligations.

Duplicate Securities Notice

The newspaper advertisement specifically addresses the loss of securities certificates and the company's intention to issue duplicate certificates. The notice pertains to shareholders Veena Yogesh Kikani and Yogesh Kishandas Kikani, with folio number S1V0029035, involving 5,480 equity shares of Re.1/- each with distinctive numbers 76485231-76490710.

Corporate Governance and Transparency

The company has made the advertisement information available on its official website at www.tatasteel.com , ensuring transparency and easy access for stakeholders. This disclosure was signed by Parvatheesam Kanchinadham, Company Secretary and Chief Legal Officer, maintaining proper corporate governance protocols. Any person with claims regarding the said securities must lodge such claims with the company at its registered office within 15 days from the advertisement date.

Source: None/Company/IN9081A01010/ea354593-5936-4171-aa16-c85f127074de.pdf

Tata Steel has received judicial relief as the High Court granted a stay on tax proceedings against the steel major until March 25, 2026. This development provides the company with temporary protection from ongoing tax-related legal challenges.

Court Decision Details

The High Court's decision to grant the stay represents a significant legal development for Tata Steel. The order effectively suspends tax proceedings against the company, allowing it breathing room to address the underlying issues through proper legal channels.

Impact on Operations

The stay order provides Tata Steel with temporary relief from tax-related legal pressures. This judicial intervention allows the company to continue its operations without the immediate burden of ongoing tax proceedings. The extended timeline until March 2026 gives the steel major sufficient time to prepare its legal strategy and address the tax matters comprehensively.

Legal Framework

The High Court's decision to grant the stay demonstrates the judicial system's role in providing relief to companies facing complex tax disputes. Such stays are typically granted when courts determine that immediate proceedings could cause undue hardship or when there are substantial legal questions that require careful consideration.