New Delhi, Dec. 26 -- Two of Tata Steel's Dutch subsidiaries are facing a class action lawsuit in the Netherlands, seeking compensation of about €1.4 billion ( Rs.14,810 crore) for alleged environmental and health-related damage.

A Dutch non-profit organisation, Stichting Frisse Wind.nu (SFW), initiated the legal proceedings against Tata Steel Nederland B.V. and Tata Steel IJmuiden B.V, Tata Steel said in a filing with the stock exchanges on Friday.

SFW claims to represent residents living near Tata Steel's IJmuiden plant in Velsen-Noord. It alleges that emissions from the steelmaker's operations, including hazardous and harmful substances, have negatively impacted public health and the quality of life in the surrounding areas.

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