Tata Chemicals Limited 's subsidiary, Tata Chemicals Magadi Ltd (TCML), has emerged victorious in a significant legal dispute against the County Government of Kajiado, Kenya. The Court of Appeal in Nairobi has ruled in favor of TCML, declaring the county government's demand for ₹783 crore (Kenyan Shillings 11.84 billion) in land rates as arbitrary and illegal.

Key Highlights of the Court Ruling

• The Court of Appeal in Nairobi has decided the case in favor of TCML.
• The demand raised by the County Government of Kajiado was deemed arbitrary and illegal.
• TCML is not obligated to pay the land revenue arrears.
• The court cited the absence of an open and accountable framework for determining land rates as the basis for its decision.

Financial Implications

The disputed amount of ₹783 crore has been a point of contention between TCML and the Kenyan county government. This sum is currently recorded as contingent liabilities in Tata Chemicals' books of accounts. The company's management will reassess these contingent liabilities based on the recent judgment, after seeking appropriate legal advice.

Timeline of Events

Implications for Tata Chemicals

This legal victory represents a significant development for Tata Chemicals and its Kenyan subsidiary. The ruling not only relieves TCML from a substantial financial burden but also sets a precedent regarding the framework for determining land rates in Kenya.

The company's prompt disclosure of this information to the stock exchanges, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrates its commitment to transparency and corporate governance.

As the management reviews the impact of this judgment on its contingent liabilities, investors and stakeholders will be keenly watching for any updates on the financial statements in the coming quarters.

This case highlights the complexities that multinational corporations often face in navigating legal and regulatory landscapes in different countries. It also underscores the importance of robust legal strategies in protecting corporate interests across international operations.

Tata Chemicals Limited, a global player in Basic Chemistry and Specialty Products, has scheduled an analysts' and investors' conference call to discuss its financial performance for the second quarter and first half of the fiscal year 2026. The call is set to take place on November 3, 2025, at 4:30 PM IST.

Key Details of the Earnings Call

Dial-in Information

To facilitate global participation, Tata Chemicals has provided multiple international dial-in numbers:

Interested parties can also use the Diamond Pass Conference for pre-registration.

Additional Corporate Actions

In a related development, Tata Chemicals has also announced a Board of Directors meeting scheduled for November 1, 2025. This meeting will focus on considering and approving the unaudited consolidated and audited standalone financial results for the same period (Q2 and H1 FY26 ending September 30, 2025).

Trading Window Closure

In compliance with the 'Tata Code of Conduct for Prevention of Insider Trading' and SEBI regulations, Tata Chemicals has implemented a trading window closure for its Designated Persons. The closure period is from September 24, 2025, to November 3, 2025 (both days inclusive).

Investors and analysts interested in participating in the earnings call or seeking more information can contact Damini Jhunjhunwala or Chintan Joshi from Tata Chemicals Ltd. at +91 22 6232 7400 or via email at djhunjhunwala@tatachemicals.com or chjoshi@tatachemicals.com .

These announcements reflect Tata Chemicals' commitment to transparency and open communication with its stakeholders, providing them with timely updates on the company's financial performance and corporate actions.