5004702026-07-012026-09-305004702026-09-305004702026-07-012026-09-30CompositionOfBoardOfDirectors15004702026-09-30CompositionOfBoardOfDirectors15004702026-07-012026-09-30CompositionOfBoardOfDirectors25004702026-09-30CompositionOfBoardOfDirectors25004702026-07-012026-09-30CompositionOfBoardOfDirectors35004702026-09-30CompositionOfBoardOfDirectors35004702026-07-012026-09-30CompositionOfBoardOfDirectors45004702026-09-30CompositionOfBoardOfDirectors45004702026-07-012026-09-30CompositionOfBoardOfDirectors55004702026-09-30CompositionOfBoardOfDirectors55004702026-07-012026-09-30CompositionOfBoardOfDirectors65004702026-09-30CompositionOfBoardOfDirectors65004702026-07-012026-09-30CompositionOfBoardOfDirectors75004702026-09-30CompositionOfBoardOfDirectors75004702026-07-012026-09-30CompositionOfBoardOfDirectors85004702026-09-30CompositionOfBoardOfDirectors85004702026-07-012026-09-30CompositionOfBoardOfDirectors95004702026-09-30CompositionOfBoardOfDirectors95004702026-07-012026-09-30CompositionOfBoardOfDirectors105004702026-09-30CompositionOfBoardOfDirectors105004702026-07-012026-09-30CompositionOfCommittees145004702026-09-30CompositionOfCommittees145004702026-07-012026-09-30CompositionOfCommittees155004702026-09-30CompositionOfCommittees155004702026-07-012026-09-30CompositionOfCommittees165004702026-09-30CompositionOfCommittees165004702026-07-012026-09-30CompositionOfCommittees175004702026-09-30CompositionOfCommittees175004702026-07-012026-09-30CompositionOfCommittees415004702026-09-30CompositionOfCommittees415004702026-07-012026-09-30CompositionOfCommittees425004702026-09-30CompositionOfCommittees425004702026-07-012026-09-30CompositionOfCommittees435004702026-09-30CompositionOfCommittees435004702026-07-012026-09-30CompositionOfCommittees685004702026-09-30CompositionOfCommittees685004702026-07-012026-09-30CompositionOfCommittees695004702026-09-30CompositionOfCommittees695004702026-07-012026-09-30CompositionOfCommittees705004702026-09-30CompositionOfCommittees705004702026-07-012026-09-30CompositionOfCommittees955004702026-09-30CompositionOfCommittees955004702026-07-012026-09-30CompositionOfCommittees965004702026-09-30CompositionOfCommittees965004702026-07-012026-09-30CompositionOfCommittees975004702026-09-30CompositionOfCommittees975004702026-07-012026-09-30CompositionOfCommittees985004702026-09-30CompositionOfCommittees985004702026-07-012026-09-30CompositionOfCommittees995004702026-09-30CompositionOfCommittees995004702026-07-012026-09-30CompositionOfCommittees1225004702026-09-30CompositionOfCommittees1225004702026-07-012026-09-30CompositionOfCommittees1235004702026-09-30CompositionOfCommittees1235004702026-07-012026-09-30CompositionOfCommittees1245004702026-09-30CompositionOfCommittees1245004702026-07-012026-09-30CompositionOfCommittees1255004702026-09-30CompositionOfCommittees1255004702026-09-30MeetingOfBoardOfDirectors15004702026-07-012026-09-30MeetingOfBoardOfDirectors15004702026-09-30MeetingOfBoardOfDirectors25004702026-07-012026-09-30MeetingOfBoardOfDirectors25004702026-07-012026-09-30MeetingOfCommittees15004702026-09-30MeetingOfCommittees15004702026-07-012026-09-30MeetingOfCommittees25004702026-09-30MeetingOfCommittees25004702026-07-012026-09-30MeetingOfCommittees35004702026-09-30MeetingOfCommittees35004702026-07-012026-09-30MeetingOfCommittees45004702026-09-30MeetingOfCommittees45004702026-07-012026-09-30MeetingOfCommittees55004702026-09-30MeetingOfCommittees55004702026-07-012026-09-30MeetingOfCommittees65004702026-09-30MeetingOfCommittees65004702026-06-305004702026-09-30UnlistedCompanyDomain15004702026-07-012026-09-30UnlistedCompanyDomain15004702026-06-30UnlistedCompanyDomain15004702026-09-30UnlistedCompanyDomain25004702026-07-012026-09-30UnlistedCompanyDomain25004702026-06-30UnlistedCompanyDomain25004702026-09-30ImpositionOfFineOrPenaltyDomain15004702026-09-30ImpositionOfFineOrPenaltyDomain25004702026-09-30ImpositionOfFineOrPenaltyDomain35004702026-09-30OngoingTaxLitigationsOrDisputesDomain15004702026-09-30OngoingTaxLitigationsOrDisputesDomain25004702026-09-30OngoingTaxLitigationsOrDisputesDomain35004702026-09-30OngoingTaxLitigationsOrDisputesDomain4iso4217:INRxbrli:pure500470TATASTEELNOTLISTEDINE081A01020Tata Steel Limited2026-04-012027-03-31Half Yearly2026-09-30EquitytruetruetruetruetruetruetrueTop 100 listed entitiestrueT00039OriginaltruefalseMrNatarajan Chandrasekaran******00121863Non-Executive - Non Independent DirectorChairperson related to Promoter1963-06-02falseActiveNA2017-01-137000MrNoel Naval Tata******00024713Non-Executive - Non Independent DirectorNot Applicable1956-11-12falseActiveNA2022-03-285011MrDeepak Kapoor******00162957Non-Executive - Independent DirectorNot Applicable1959-01-07falseActiveNA2017-04-012022-04-011143353MrVijay Kumar Sharma******02449088Non-Executive - Independent DirectorNot Applicable1958-12-19falseActiveNA2022-03-282022-03-28544442MsBharti Gupta Ramola******00356188Non-Executive - Independent DirectorNot Applicable1958-10-21falseActiveNA2022-11-252022-11-25463331MrShekhar Chintamani Mande******10083454Non-Executive - Independent DirectorNot Applicable1962-04-05falseActiveNA2023-06-012023-06-01402200MrPramod Agrawal******00279727Non-Executive - Independent DirectorNot Applicable1963-06-03falseActiveNA2024-11-062024-11-06226641MrSaurabh Agrawal******02144558Non-Executive - Non Independent DirectorNot Applicable1969-08-13falseActiveNA2017-08-102017-08-105020MrT. V. Narendran******03083605Executive DirectorNot ApplicableCEO-MD1965-06-02falseActiveNA2013-09-192023-09-191010MrKoushik Chatterjee******00004989Executive DirectorNot Applicable1968-10-03falseActiveNA2012-11-092022-11-091010truetruetruetruetrueAudit Committee00162957Deepak KapoorNon-Executive - Independent DirectorChairperson2019-04-25Audit Committee00356188Bharti Gupta RamolaNon-Executive - Independent DirectorMember2022-11-25Audit Committee00279727Pramod AgrawalNon-Executive - Independent DirectorMember2024-12-11Audit Committee02144558Saurabh AgrawalNon-Executive - Non Independent DirectorMember2017-08-10Nomination and remuneration committee02449088Vijay Kumar SharmaNon-Executive - Independent DirectorChairperson2022-05-21Nomination and remuneration committee00121863Natarajan ChandrasekaranNon-Executive - Non Independent DirectorMember2017-05-16Nomination and remuneration committee00162957Deepak KapoorNon-Executive - Independent DirectorMember2023-06-13Stakeholders Relationship Committee00279727Pramod AgrawalNon-Executive - Independent DirectorChairperson2024-12-11Stakeholders Relationship Committee03083605T. V. NarendranExecutive DirectorMember2018-08-13Stakeholders Relationship Committee00004989Koushik ChatterjeeExecutive DirectorMember2014-04-11Risk Management Committee00356188Bharti Gupta RamolaNon-Executive - Independent DirectorChairperson2024-12-11Risk Management Committee02144558Saurabh AgrawalNon-Executive - Non Independent DirectorMember2017-08-10Risk Management Committee03083605T. V. NarendranExecutive DirectorMember2014-12-17Risk Management Committee00004989Koushik ChatterjeeExecutive DirectorMember2014-12-17Risk Management Committee00000000Samita ShahMember of ManagementMember2020-11-13Ms. Samita Shah, Member of Management, is a Member of the Risk Management Committee.Corporate Social Responsibility Committee00162957Deepak KapoorNon-Executive - Independent DirectorChairperson2017-08-07Corporate Social Responsibility Committee10083454Shekhar Chintamani MandeNon-Executive - Independent DirectorMember2023-06-13Corporate Social Responsibility Committee03083605T. V. NarendranExecutive DirectorMember2014-04-11Corporate Social Responsibility Committee00004989Koushik ChatterjeeExecutive DirectorMember2014-04-112026-05-15true101052026-07-3075true10105Audit Committee2026-05-15true4430Audit Committee2026-07-3075true4430Risk Management Committee2026-05-13true4411Risk Management Committee2026-07-2875true4411Corporate Social Responsibility Committee2026-05-14true4420Corporate Social Responsibility Committee2026-07-2470true4420truetruetruetrueYestruetruetrueParvatheesam KanchinadhamCompany Secretary and Compliance OfficerYesYesYesYesYesYesYesYesFor FY2025-26, Tata Steel Limited did not have any Indian Material Subsidiary, accordingly the requirement to disclose the secretarial audit report of the material subsidiaries was not applicable on the Company for the reporting period.Parvatheesam KanchinadhamCompany Secretary and Compliance OfficerfalseParvatheesam KanchinadhamCompany Secretary and Compliance OfficerMumbai2026-10-2115867625101. On August 31, 2026, Tata Steel Limited (Company) divested its entire equity stake of 100% shareholding in Jamshedpur Football and Sporting Private Limited (JFSPL), its wholly owned subsidiary, to Churchill Brothers Sports Club Private Limited. Consequently, JFSPL ceased to be a subsidiary of the Company effective August 31, 2026. 2. On September 30, 2026, TSMUK Ltd, subsidiary of Tata Steel Limited, completed the acquisition of 842,09,702 Class A Common shares of Tata Steel Minerals Canada Limited (TSMC), subsidiary of Tata Steel Limited. Consequently, Tata Steel Limited indirectly acquired 0.0000029% equity stake in TSMC. TM International Logistics Limited2026-08-200.510.230.74Tata Steel Minerals Canada Limited2026-09-300.999900.9999Jharkhand Bijli Vitran Nigam Ltd.Penalty of ₹97,135/- was imposed and payment processed2026-09-11Late payment penalty for failure to pay electricity bill dues relating to Noamundi Pellet Plant under section 24 of the Indian Electricity Act, 1910.97135Odisha Motor Vehicle DepartmentPenalty of ₹77,500/- was imposed and payment processed2026-09-13Penalty for road safety violation under the Motor Vehicles Act, 198877500Employees’ Provident Fund OrganisationPenalty of ₹9,384/- was imposed and payment processed2026-09-15Recovery of damage towards belated remittances of provident fund amount by Tata Steel Limited to EPFO under section 14B of The Employees' Provident Funds and Miscellaneous Provisions, 1952.9384The Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai2014-02-07The Income Tax Authorities had disallowed interest expenditure in respect of loans borrowed and utilized for acquisition of a subsidiary. The tax exposure involved in this matter amounted to ₹1,901 crore. The issue forms part of litigation covering years from FY2008 to FY2015. On February 27, 2026, the Company received a favourable order from Income Tax Appellate Tribunal for FY2008 wherein the claim of deduction for interest expenditure was allowed. Accordingly, the tax exposure against the Company will get reduced from ~₹1,901 crore to ~₹1,686 crore once the Assessing Officer will give effect to this Order of the Tribunal through a separate order. The Company believes that this Order will have persuasive impact on co-related pending litigations on the same issue for other years.Background: For the period FY2009, the Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai vide order dated January 10, 2014, had disallowed the claim amounting to ₹813.65 crore towards deduction for interest expenditure under Section 36(1)(iii) of the Income Tax Act, 1961. On February 4, 2014, the Company had filed an appeal against the order before the Authority and the matter was heard over multiple hearings. Current Status: On September 28, 2026, the Company received a favourable order from the Income Tax Appellate Tribunal for FY2009 wherein the claim of deduction for interest expenditure was allowed following the earlier order for FY2008. The tax exposure for FY2009 was ~₹427 crore. Accordingly, the tax exposure against the Company in aggregate (for FY2008 and FY2009) will get reduced from ~₹1,901 crore to ~₹1,259 crore once the Assessing Officer will give effect to the orders of the Tribunal for FY2008 and FY2009 through separate orders. Subsequently, the Company will make necessary adjustments in its contingent liability reported in notes to its Financial Statements. The Company believes that this order will have persuasive impact on co-related pending litigations on the same issue for other years. Appeals pertaining to other Fiscals in relation to the above matter, preferred by the Company are pending before the Income Tax Appellate Tribunal and Commissioner of Income Tax (Appeals).The Office of the Commissioner of CGST & Central Excise, Jamshedpur2025-06-24On June 24, 2025, Tata Steel Limited (‘Company’) received a Demand cum Show Cause Notice dated June 13, 2025 (‘SCN’), issued by the Office of the Commissioner of CGST & Central Excise, Jamshedpur, requiring the Company to show cause before the Additional/Joint Commissioner of Central GST & Central Excise, Jamshedpur (‘Adjudicating Authority’) as to why an amount of ₹890,52,10,202/- should not be demanded from the Company towards irregular availing of Input Tax Credit in contravention to the provisions of Sections 16 and 41 of the Central Goods and Services Tax Act, 2017 (‘CGST’) read with applicable provisions of the Integrated Goods and Services Tax Act, 2017 (‘IGST’) for the period FY2018-19 through FY2020-21 along with appropriate interest and penalty. The Company made its detailed submissions before the Adjudicating Authority within the given timelines as per the said SCN. On December 27, 2025, the Company received an Order dated December 26, 2025, passed by the Joint Commissioner of CGST & Central Excise, Jamshedpur, Jharkhand, directing the Company to pay a tax amount of ₹890,52,10,202/-, penalty of ₹890,52,10,202/- and applicable interest on the total amount of tax. The Company believes that proper cognizance was not taken of the submissions made by the Company while adjudicating the matter. The main issue relates to excess Input Tax Credit (‘ITC’) identified by comparing, the ITC claimed in monthly returns as against the ITC reflected in GST Portal. As per the Company, there is no such excess ITC and difference is on account of credit pertaining to one financial year but availed in subsequent financial year which is permissible as per GST Laws. The Company on strong grounds of jurisdiction and merits, challenged the demand and hence, on February 24, 2026, filed a Writ Petition before the Hon’ble High Court of Jharkhand. The said Writ Petition was disposed of vide order dated April 23, 2026, with a liberty granted to the Company to approach the Appellate Authority. Being aggrieved by the Order of Hon’ble High Court of Jharkhand, the Company filed a Special Leave Petition before the Hon’ble Supreme Court of India (‘Hon’ble Supreme Court’), challenging the said Order of the Hon’ble High Court of Jharkhand. The Hon’ble Supreme Court had heard the matter on May 19, 2026, and vide its Order dated May 19, 2026 issued Notice to the Respondents and stayed all further proceedings in the matter until next date of hearing.The Hon’ble Supreme Court heard the Company’s Special Leave Petition on August 19, 2026. On August 25, 2026, the Hon’ble Supreme Court pronounced its final judgement in the matter as follows: i. Allowed the appeal filed by the Company; ii. The Show Cause Notice dated June 13, 2025, issued under Section 74 of the CGST Act and the Order-in-Original dated December 26, 2025 issued by the Additional/Joint Commissioner, CGST & Central Excise, Jamshedpur, Jharkhand have been set aside. iii. Granted liberty to the Tax Department, if it thought fit, to initiate appropriate proceedings under Section 74 of the CGST Act, but with the foundational facts, coming out from the notice itself and an order being passed before February 28, 2027. Accordingly, the tax demand of ₹890,52,10,202/-, penalty of ₹890,52,10,202/- and the applicable interest thereon stands quashed.The Office of the Commissioner (Audit), Central Tax, Ranchi2025-06-28On June 28, 2025, Tata Steel Limited (‘Company’) received a Show Cause cum demand Notice dated June 27, 2025 (‘SCN’), issued by the Office of the Commissioner (Audit), Central Tax, Ranchi, requiring the Company to show cause before the Additional/Joint Commissioner of Central GST & Central Excise, Jamshedpur (‘Adjudicating Authority’) as to why an amount of ₹1007,54,83,342/- shall not be demanded/recovered from the Company towards irregular availment of Input Tax Credit in contravention of the provisions of Section 74(1) of the Central Goods and Services Tax Act, 2017/State Goods and Services Tax Act, 2017 (‘CGST/SGST’) read with Section 20 of the Integrated Goods and Services Tax Act, 2017 (‘IGST’) for the period FY2018-19 through FY2022-23, along with appropriate interest and penalty. Of the aggregate GST amount demanded, the Company had already paid GST of ₹514,19,36,211/- in the normal course of business and therefore the alleged GST exposure of the Company was ₹493,35,47,131/- only. The Company made its detailed submissions before the appropriate forum within the given timelines as per the said SCN. Subsequently, on December 18, 2025, the Company received an Order passed by the Commissioner of CGST & Central Excise, Jamshedpur, Jharkhand, directing the Company to pay a tax amount of ₹493,35,47,131/-, penalty of ₹638,82,62,185/- and appropriate interest on the total amount of tax. In the said Adjudication Order, the Adjudicating Authority had dropped the penalty amount of ₹368,72,21,158/- earlier proposed in the SCN. Thereafter, the Company filed a Writ Petition before the Hon’ble High Court of Jharkhand (‘Hon’ble High Court’) on March 11, 2026, challenging the Order passed by the Commissioner of CGST & Central Excise, Jamshedpur, Jharkhand dated December 18, 2025, and seeking quashing of the Order. The Hon’ble High Court vide its Order dated March 24, 2026, granted stay on all further proceedings relating to this matter, until the next date of hearing. Further, on June 16, 2026, the Assistant Commissioner, Division-I, CGST & Central Excise, Jamshedpur, Jharkhand (‘Department’) filed an appeal before the Commissioner (Appeals) of CGST & Central Excise, Ranchi against the abovementioned Adjudication Order dated December 18, 2025, to the extent that the Adjudicating Authority has dropped the penalty amounting to ₹368,72,21,158/-. The Department had filed an appeal pertaining to the levy of penalty amounting to ₹368,72,21,158/-. However, this matter is, inter alia, contingent upon the final adjudication of the issue concerning the issuance of show cause notices for multiple periods, which is presently sub judice before the Hon’ble High Court.The Company is of the considered view that it has a good case on merit and hence will contest the same before the Appellate Authority within the statutory timelines.Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai2025-03-24The Company, through its earlier disclosures, had informed that it had received a show cause notice from the Assessing Officer, Office of the Deputy Commissioner of Income Tax, Circle 2(3)(1), Mumbai (‘Assessing Officer’) in connection with waiver of ₹25,185.51 crore loan in favour of Tata Steel BSL Limited (now merged with the Company), for the purpose of reassessment of taxable income for AY 2019-20 (‘Notice’). On March 24, 2025, the Company had filed a writ petition with the Hon’ble High Court of Bombay (‘Hon’ble High Court’), questioning the authority of the Assessing Officer in conducting the reassessment of taxable income for AY 2019-20. The Company had on March 31, 2025, received an Assessment Order issued by the Assessing Officer, reassessing the taxable income for AY 2019-20 and increasing the taxable amount by the amount of debt waived. On August 12, 2025, the Hon’ble High Court heard the matter. As per the order, the Hon’ble High Court had set aside the Notice along with all consequential proceedings and orders on the technical ground that the Notice had been issued by the Jurisdictional Assessing Officer instead of the statutorily prescribed Faceless Assessing Officer. In arriving at this conclusion, the Hon’ble High Court relied on its earlier judgement in a separate matter, which was challenged by the tax authorities before the Hon’ble Supreme Court of India and was pending for adjudication. The order further mentioned that if such precedent is set aside by the Hon’ble Supreme Court of India in the future and the tax authorities seek to revive the matter, the case would then be adjudicated on its merits, including other technical grounds raised by the Company in challenging the reassessment proceedings. Subsequently, the Finance Act, 2026 introduced a retrospective amendment to the income-tax law, to provide that Jurisdictional Assessing Officer shall be empowered to issue reassessment notices. Pursuant to this amendment, the favourable judicial precedents relating to this matter were set aside by the Hon’ble Supreme Court of India and have been remanded back to the respective High Courts for consideration. Accordingly, the writ petition filed by the Company in March 2025, along with similar placed matters, involving this issue was listed by the Hon’ble High Court of Bombay on July 20, 2026, for restoration.On July 20, 2026, the Hon’ble High Court of Bombay has restored all the matters involving this issue. The hearing on this matter is currently ongoing. The Hon’ble High Court of Bombay has granted liberty to the Company to amend the writ petition to challenge the constitutional validity of the retrospective amendment in Finance Act, 2026. Further, the tax department has been directed to file its counter affidavit thereafter. The Company continues to believe that it has a strong case on merits apart from the other technical infirmities in the Order. The retrospective amendment introduced by the Finance Act, 2026 would not have any bearing on the merits and other technical infirmities for which the Company is already before the Hon’ble High Court of Bombay.00000000000000000000000000000000All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.trueKoushik ChatterjeeCFOMumbai2026-10-21