NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company8h ago · 16 Oct 2026, 12:38 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Tata Chemicals Limited · TATACHEM
✦ AI SummaryLitigation
Tata Chemicals Limited has informed the exchange about the outcome of an ongoing arbitration case, where a tribunal has directed the company to pay ₹ 1 crore, along with interest and costs, to Allied Silica Limited, but the claim of ₹ 908 crore was rejected.
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Earnings Impact2/10
Growth Catalyst0/10
Governance Concern0/10
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Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10
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Tata Chemicals Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company - Update on ongoing litigation
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TATACHEMYS_16102026123404_SE_Intimation_signed.pdf
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October 16, 2026
The General Manager The Manager, Listing Department
Corporate Relations Department National Stock Exchange of India Limited
BSE Limited Exchange Plaza
Phiroze Jeejeebhoy Towers Bandra-Kurla Complex
Dalal Street Bandra (E)
Mumbai 400 001 Mumbai 400 051
Scrip Code: 500770 Symbol: TATACHEM
Dear Sirs,
Sub: Intimation under Regulations 30 and 51 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (‘SEBI Listing Regulations’)
The Company vide its letter dated December 11, 2024, had informed the exchanges that Allied Silica
Limited (ASL) and its Promoter Mr. Manmohan Singh Jain had filed a Statement of Claim for
₹ 908 crore against the Company in arbitration proceedings initiated under the rules of the Mumbai
Centre for International Arbitration (“MCIA”).
A three-member Tribunal of the MCIA has further to the intimation above, passed a final award dated
October 15, 2026, unanimously rejecting the claim of ₹ 908 crore against the Company. However, the
majority members of the Tribunal have directed the Company to pay a principal amount of ₹ 1 crore
along with interest and certain costs to ASL, which direction (payment of the principal amount with
interest and costs) has been rejected by the dissenting member.
The Company is currently examining the said final award and will evaluate its future course of action.
The requisite disclosure as mandated under Regulation 30 read with Schedule III of the SEBI Listing
Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026, is enclosed herewith as an Annexure.
We request you to kindly take the above information on record.
Yours faithfully,
For Tata Chemicals Limited
Jeraz E. Mahernosh
Company Secretary
(FCS 7008)
Annexure
Sr. Details of Events Information of such events(s)
a. The details of any change in the status The Mumbai Centre for International Arbitration
and / or any development in relation to has passed a final award dated October 15, 2026.
such proceedings Against the claim of ₹ 908 crore made by Allied
Silica Limited, the Company is directed to pay a
principal amount of ₹ 1 crore, together with
interest and certain costs. The Company is
currently examining the said final award and will
evaluate its future course of action.
b. In the case of litigation against key Not Applicable
management personnel or its promoter
or ultimate person in control, regularly
provide details of any change in the
status and / or any development in
relation to such proceedings
c. Details of such settlement including - Not Applicable
terms of the settlement
Compensation/penalty paid (if any)
Impact of such settlement on the
financial position of the listed entity