Scheme of Amalgamation

Tata Steel Limited

11 January 2024

 

January 11, 2024

London Stock Exchange

London

Dear Madam, Sirs,

Subject: Pronouncement of Order by the Hon'ble National Company Law Tribunal, Mumbai Bench sanctioning the Scheme of Amalgamation amongst Tata Steel Limited and
Tata Metaliks Limited and their respective shareholders

This is further to our disclosures dated September 22, 2022 and August 10, 2023, in connection with the Scheme of Amalgamation amongst Tata Steel Limited ('Transferee Company / Company') and Tata Metaliks Limited ('Transferor Company') and their respective shareholders ('Scheme of Amalgamation'), under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with the Rules framed thereunder.

This is to inform you that the Hon'ble National Company Law Tribunal, Mumbai Bench ('NCLT Mumbai'), having jurisdiction over the Transferee Company, has today, i.e., January 11, 2024, pronounced the order sanctioning the aforesaid Scheme of Amalgamation ('Order').

Further, the Scheme of Amalgamation was approved and sanctioned by the National Company Law Tribunal, Kolkata Bench, having jurisdiction over the Transferor Company, vide its order dated
December 21, 2023.

In view of the above, the Scheme of Amalgamation stands approved and sanctioned.

The copy of the Order as available on the website of NCLT Mumbai is enclosed.

This disclosure is being made in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

This is for your information & records.

http://www.rns-pdf.londonstockexchange.com/rns/4358Z_1-2024-1-11.pdf

 

END