logo
appgoogle
EquityWireNo coercive steps for now against Tata Steel in Jharkhand coal output case

No coercive steps for now against Tata Steel in Jharkhand coal output case

This story was originally published at 13:45 IST on 28 March 2026
Register to read our real-time news.

Informist, Saturday, Mar. 28, 2026

 

NEW DELHI - Tata Steel Ltd. on Saturday said the Revisional Authority of the coal ministry has asked Jharkhand state authorities not to take coercive steps against the company in the excess coal production case. The case pertains to a demand notice issued by the district mining officer of Dhanbad against Tata Steel for an aggregate amount of INR 3.85 billion, alleging excess production of coal beyond permissible limits at its colleries in Jharia, Jharkhand, between 2000-01 (Apr-Mar) and FY17.

 

The coal ministry's Revisional Authority, in an order dated Mar. 24, directed the Jharkhand authorities not to take any coercive steps against Tata Steel during the pendency of the present revision application. Tata Steel received this order on Friday. 

 

For the December quarter, Tata Steel's consolidated net profit was INR 26.89 billion on revenue of INR 570.02 billion. Friday, its shares closed 1.7% lower at INR 193.22 on the National Stock Exchange.  End

 

Reported by Anand JC

Edited by Vandana Hingorani

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (11) 4220-1000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.

To read more please subscribe

Share this Story:

twitterlinkedinwhatsappmaillinkprint

Related Stories

Premium Stories

Subscribe