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28 Dec 2023 12:58
December 28, 2023
London Stock Exchange
London
Dear Sir, Madam,
Re: Communication dated December 15, 2023, received from Uttar Pradesh State Pollution Control Board
This has reference to the aforementioned subject.
A letter dated December 15, 2023, has been received by Tata Steel Limited ('Company') having reference number bearing No. HO4247/C-1/Water-121/S.C.N/Revoke/2023 from Uttar Pradesh State Pollution Control Board ("UPPCB") on December 26, 2023, imposing an environmental damage compensation ("EDC") of ?6,75,000/- (Rupees Six Lac Seventy Five Thousand only) under Section 27 (2) read with section 33 (A) of The Water (Prevention and Control of Pollution) Act 1974, in respect of the Sahibabad Plant at Plot no, 23, site IV.
The EDC is imposed and as a consequence revokes the earlier show cause notice datedMay 19, 2023, as was received by the Company on May 23, 2023.
The Company has paid the EDC on December 27, 2023, to the relevant authorities, on a "without prejudice" basis.
The details of the EDC imposed against the Company are as below:
Particulars | Details |
Name of the Authority | Uttar Pradesh State Pollution Control Board |
Nature and details of the action(s) taken, initiated or order(s) passed | The Company has made the payment of EDC on "without prejudice". |
Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority | The imposition of EDC has been communicated to the Company vide letter dated December 15, 2023, which arises out of OA No. 859 of 2022 pending before National Green Tribunal and other related communication(s) of UPPCB. The EDC as imposed consequently revokes the earlier show cause notice dated May 19, 2023. |
Details of the violations / contravention committed or alleged to be committed | It is case of UPPCB that Company was for a 45-day period (March 4, 2023 to April 17, 2023) remained non-compliant with the provisions of The Water (Prevention and Control of Pollution) Act 1974 and hence imposition of EDC. |
Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible | There is no impact on financial, operation or other activities of the Company |
Compliance is integral to our value system and Tata Steel takes its compliance obligations with utmost seriousness. The Company always endeavours to manage its businesses responsibly and in compliance with the statutory requirements of the locations in which it operates, and to advance this objective, the Company strives to constantly strengthen its compliance systems, processes, and interventions.
This disclosure is made in compliance with Clause 20 - Part A of Schedule III to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This is for your information and records.
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