Since 2005, when Tata Chemical compounds Restricted acquired the Magadi plant, it has performed an essential position within the Kenyan economic system and continues to be an integral a part of our enterprise, the corporate acknowledged. File
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In a significant setback for Tata Chemical compounds Ltd, the Authorities of Kenya has ordered the closure of Tata Chemical compounds Magadi Ltd, a subsidiary of the corporate manufacturing soda ash, for alleged non-contribution to the native economic system.
Reportedly, Kenya’s President William Ruto , who had ordered the corporate to cease operations in Kenya, stated two new firms can be roped in to take over operations for the Tata Chemical compounds unit.
Acknowledging the event Tata Chemical compounds stated it had acquired the official communication from the Ministry of Mining, Blue Financial system and Maritime Affairs (Ministry) dated July 28, 2026.
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“We want to reiterate that on August 11, 2026, Tata Chemical compounds Magadi Restricted (TCML) submitted all of the required data, stories and documentation, and TCML is totally compliant with the regulatory necessities,” Tata Chemical compounds stated in a submitting with inventory exchanges.
“TCML having supplied a complete response to the issues raised by the Ministry, together with data relating to its compliance with relevant regulatory necessities, awaits the Ministry’s overview of our submissions and its additional route,” it acknowledged.
Since 2005, when Tata Chemical compounds Restricted acquired the Magadi plant, it has performed an essential position within the Kenyan economic system and continues to be an integral a part of our enterprise, the corporate acknowledged.
“We respect the authority of the Authorities of Kenya and stay dedicated to constructive engagement via the suitable authorized and regulatory channels to resolve the excellent issues,” it stated.
“Our precedence continues to be the well-being of our workers, the Magadi group, our stakeholders in Kenya and continued financial improvement of Kenya,” it added.
Tata Chemical compounds inventory fell 2.17% to ₹628 on the BSE reacting to the information.
Revealed – September 04, 2026 11:00 am IST
