Tamil Nadu Forest Dept notice gives provisional computation of Rs. 6,462.12 crore on forest land lease rent

The company has received a Notice from The Tamil Nadu Forest Department on re-computation of lease rent and other charges for leased forest lands in Tamil Nadu.

Mon 12 Oct 2026

Provisional Computation

Rs. 6,462.12 crore

Notice Issued By

The Tamil Nadu Forest Department

Subject of Notice

re-computation of lease rent and other charges for leased forest lands in Tamil Nadu

What the update says

This is an update under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Corporation has received a Notice from The Tamil Nadu Forest Department calling for objections and giving an opportunity of hearing.

• The matter relates to ongoing judicial proceedings concerning the Corporation's erstwhile tea estate in Singampatti, Tamil Nadu, which were disclosed earlier on August 26, 2026.
• The dispute relates to the re-computation / re-quantification of lease rent and other charges in respect of leased forest lands in Tamil Nadu.

The figure involved

• The Tamil Nadu Forest Department has issued a notice giving a provisional computation of Rs. 6,462.12 crore.
• The update states this provisional computation is subject to consideration of the Corporation's objections and final determination by a reasoned order in accordance with law.

In simple terms, a provisional computation is an initial working figure put forward by the department. It is not a final order, and the Corporation has been invited to raise objections before it is decided.

The Corporation's stated position

• The Company's liability, if any, has not yet been crystallized.
• The Company reserves its right to contest any order before the appropriate appellate and judicial forums, as may be permissible under applicable law.
• The Company's liability, if any, shall remain subject to the final adjudication of the matter by the competent judicial forum.
• The Company states that at this stage it would be premature to quantify or assess the financial implications, if any, arising from the Notice.

What the Corporation says it will do

• It will take all necessary steps in the matter.
• It will keep stakeholders appropriately informed of any material development.

The Annexure also records that this is not a case of litigation against key management personnel, its promoter or ultimate person in control, and that the settlement-related disclosure is not applicable.

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