Result of Postal Ballot of Tata Steel Limited

Tata Steel Limited

29 April 2024

 

April 29, 2024

London Stock Exchange

London

Dear Madam, Sirs,

Sub: Result of Postal Ballot of Tata Steel Limited by remote e-Voting process

This is further to our disclosure dated March 28, 2024, enclosing the copy of Postal Ballot Notice dated March 20, 2024 ('Notice'), seeking approval of the Members of
Tata Steel Limited ('the Company') on the following Ordinary Resolutions:

SN	Description of the Ordinary Resolution(s)
1.	Material Related Party Transaction(s) with Neelachal Ispat Nigam Ltd - Operational Transaction
2.	One time Material Related Party Transaction(s) with Neelachal Ispat Nigam Ltd - Financial Transaction
3.	Material Related Party Transaction(s) with The Indian Steel & Wire Products Ltd - Operational Transaction
4.	One time Material Related Party Transaction(s) with The Indian Steel & Wire Products Ltd - Financial Transaction
5.	Material Related Party Transaction(s) with Tata BlueScope Steel Private Limited
6.	Material Related Party Transaction(s) with Jamshedpur Continuous Annealing & Processing Company Private Limited
7.	Material Related Party Transaction(s) with TM International Logistics Limited
8.	Material Related Party Transaction(s) with Tata Capital Limited
9.	Material Related Party Transaction(s) with Tata International Limited
10.	Material Related Party Transaction(s) with Tata Projects Limited
11.	Material Related Party Transaction(s) with Tata International Singapore Pte. Limited
12.	Material Related Party Transaction(s) with The Tata Power Company Limited and its ancillary entities, third parties
13.	Material Related Party Transaction(s) with Tata Motors Limited and Poshs Metal Industries Private Limited / ancillary entities of Tata Motors Limited, third-party entities
14.	Material Related Party Transaction(s) between Neelachal Ispat Nigam Ltd and T S Global Procurement Company Pte. Ltd., both being subsidiary companies of Tata Steel Limited
15.	Material Related Party Transaction(s) between T S Global Holdings Pte. Ltd. and Tata Steel Minerals Canada Limited, both being subsidiary companies of Tata Steel Limited
16.	Material Related Party Transaction(s) between T S Global Procurement Company Pte. Ltd., wholly owned subsidiary of Tata Steel Limited and Tata NYK Shipping Pte. Ltd, joint venture company of Tata Steel Limited
17.	Material Related Party Transaction(s) between Tata Steel IJmuiden BV, wholly owned subsidiary of Tata Steel Limited and Wupperman Staal Nederland B.V., an associate company of Tata Steel Limited
18.	Material Related Party Transaction(s) between Tata Steel Downstream Products Limited, a wholly owned subsidiary of Tata Steel Limited and Tata Capital Limited, a subsidiary company of the Promoter Company of Tata Steel Limited
19.	Material Related Party Transaction(s) between Tata Steel Downstream Products Limited, a wholly owned subsidiary of Tata Steel Limited and Tata Motors Limited, a related party of Tata Steel Limited and ancillary entities of Tata Motors Limited
20.	Material Related Party Transaction(s) between T S Global Procurement Company Pte. Ltd., wholly owned subsidiary of Tata Steel Limited and Tata International Singapore Pte. Limited, subsidiary company of the Promoter company of Tata Steel Limited
21.	Material Related Party Transaction(s) between Tata Steel Minerals Canada Limited, a subsidiary of Tata Steel Limited and IOC Sales Limited, a third party, to benefit Tata Steel UK Limited, a wholly owned subsidiary of Tata Steel Limited via T S Global Procurement Company Pte. Ltd., a wholly owned subsidiary of Tata Steel Limited

Pursuant to the provisions of Section(s) 110, 108 and other applicable provisions of the Companies Act, 2013, read with related Rules, Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), each as amended, read with other applicable SEBI Circulars, Secretarial Standard on General Meetings (SS-2) issued by The Institute of Company Secretaries of India and the circulars issued by the Ministry of Corporate Affairs viz. General Circular No(s) 14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020, 22/2020 dated
June 15, 2020, 33/2020 dated September 28, 2020, 39/2020 dated December 31, 2020,
10/2021 dated June 23, 2021, 20/2021 dated December 8, 2021, 3/2022 dated May 5, 2022, 11/2022 dated December 28, 2022 and 09/2023 dated September 25, 2023, the Company has transacted special business by way of Postal Ballot through remote e-Voting process as set out in the Notice.

The remote e-Voting process started on Friday, March 29, 2024, from 9:00 a.m. (IST) and concluded on Saturday, April 27, 2024 at 5:00 p.m. (IST). The Scrutinizer has today, i.e., April 29, 2024, submitted his report on the results of the Postal Ballot through remote
e-Voting. Based on the report of the scrutinizer, we hereby inform that, the Members of the Company have duly passed the above Ordinary Resolutions with requisite majority.

Pursuant to Regulation 44(3) of the Listing Regulations, we are enclosing herewith the details of the voting results as Annexure A and the Report of the Scrutinizer as Annexure B.

The voting results and the Report of the Scrutinizer are being made available on the website of the Company at www.tatasteel.com and on the website of National Securities Depository Limited at www.evoting.nsdl.com as well as on the notice board at the Registered Office of the Company at Bombay House, 24 Homi Mody Street, Fort, Mumbai 400 001.

This is for your information and records.

  http://www.rns-pdf.londonstockexchange.com/rns/4552M_1-2024-4-29.pdf

 

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