NSEBagging/Receiving of orders/contracts3d ago · 29 Aug 2026, 12:33 am
Bagging/Receiving of orders/contracts
Tata Chemicals Limited · TATACHEM
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Tata Chemicals Limited has informed the Exchange about bagging/receiving of orders/contracts, specifically the acquisition of North American soda ash customer contracts of Searles Valley Minerals Inc. through its wholly-owned subsidiary Tata Chemicals North America Inc. The acquisition strengthens TCNA's customer portfolio and enhances its ability to build long-term customer relationships.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10
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Tata Chemicals Limited has informed the Exchange about Bagging/Receiving of orders/contracts
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TATACHEMYS_29082026003231_Project_Spectre_Stock_Exchange_Intimation_-_V2_for_filing_signed.pdf
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August 29, 2026
The General Manager The Manager
Corporate Relations Department Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza
Dalal Street Bandra-Kurla Complex, Bandra (E)
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 500770 Symbol: TATACHEM
Dear Sir/Madam,
Sub.: Intimation under Regulations 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we hereby inform that Tata Chemicals North America Inc. ("TCNA"), a wholly owned subsidiary
of Tata Chemicals Limited, has been declared the successful bidder in the Chapter 11 bankruptcy
proceedings of Searles Valley Minerals Inc. ("SVM"), USA, for the acquisition of North American soda
ash customer contracts of SVM representing over half million metric tons customer orders through
December 2028.
This strengthens TCNA's customer portfolio by securing domestic North American customers. Thus,
enhancing its ability to build long-term customer relationships and improve customer retention and
supporting long-term value creation.
In this regard, TCNA has entered into an Assignment and Assumption Agreement ("ASA") with SVM
for the acquisition of the certain soda ash customer contracts. The completion of the transaction remains
subject to the satisfaction of the conditions and other terms set out in the ASA.
Further, the United States Bankruptcy Court for the District of Delaware has approved the assignment
and assumption of the specified customer contracts from SVM to TCNA pursuant to the ASA.
The details as required under Schedule III of the SEBI Listing Regulations read with SEBI Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed in the Annexure A.
We request you to take the aforesaid disclosure on records.
This intimation is also being made available on the website of the Company at www.tatachemicals.com.
Thanking you,
Yours faithfully,
For Tata Chemicals Limited
Jeraz E. Mahernosh
Company Secretary
(FCS 7008)
Encl: as above
Annexure A
Sr. No Particulars Details
a. Name of the entity awarding the Searles Valley Minerals Inc. ("SVM"), USA, acting
order(s)/contract(s); pursuant to and in accordance with the Order of the
United States Bankruptcy Court for the District of
Delaware approving the assignment and assumption
of soda ash customer contracts and related contract
benefits to Tata Chemicals North America Inc.
("TCNA"), a wholly owned subsidiary of Tata
Chemicals Limited.
b. Significant terms and conditions of TCNA has entered into an Assignment and
order(s)/contract(s) awarded in brief; Assumption Agreement ("ASA") with SVM for the
acquisition of North American soda ash customer
contracts of SVM representing over half million metric
tons customer orders through December 2028. The
transaction includes the assignment of specified
customer contracts and related commercial rights and
remains subject to the satisfaction of customary
closing conditions and other terms and conditions set
forth in the ASA.
The United States Bankruptcy Court for the District of
Delaware has approved the assignment and
assumption of the specified customer contracts from
SVM to TCNA pursuant to the ASA.
c. Whether order(s) / contract(s) have The customer contracts are being acquired from SVM,
been awarded by domestic / USA, pursuant to an order of the United States
international entity; Bankruptcy Court for the District of Delaware.
d. Nature of order(s) / contract(s); Acquisition and assignment of certain soda ash
customer contracts, together with related commercial
rights, customer information, demand forecasts,
logistics records and associated contract benefits
pertaining to customers located in North America.
e. Whether domestic or international; The acquired contracts relate to customers located in
North America.
f. Time period by which the The acquired customer contracts are expected to be
order(s)/contract(s) is to be executed; serviced over the period from September 2026
through December 2028, in accordance with the
respective contractual terms.
g. Broad consideration or size of the Aggregate cash consideration of USD 21.16 million.
order(s)/contract(s);
h. Whether the promoter/ promoter group No. Neither the promoter nor the promoter
/ group companies have any interest group/group companies of TCL have any interest in
in the entity that awarded the SVM or in the customer contracts being acquired
order(s)/contract(s)? If yes, nature of under the ASA.
interest and details thereof;
i. Whether the order(s)/ contract(s) No. The transaction does not constitute a related party
would fall within related party transaction and is therefore not covered under the
transactions? If yes, whether the same is related party transaction provisions of the SEBI Listing
done at “arm’s length” Regulations.