Summary of Proceedings, Voting Results of Meeting

Tata Steel Limited

28 June 2023

 

June 28, 2023

London Stock Exchange

London

Dear Madam, Sirs,

Subject: Summary of Proceedings and Voting Results of the Meeting of the Equity Shareholders of Tata Steel Limited ('Company') convened pursuant to the directions of the Hon'ble National Company Law Tribunal, Mumbai Bench ('NCLT') held on
June 28, 2023, to consider and approve the Scheme of Amalgamation of the Company and The Tinplate Company of India Limited and their respective shareholders ('Scheme')

We refer to our letter dated May 26, 2023 wherein the Company had submitted the notice convening the meeting of the equity shareholders of the Company vide order of the NCLT dated May 16, 2023 to consider and if thought fit, with or without modifications, approve the Scheme.

Pursuant to the Order in the Company Scheme Application No. CA(CAA)/114/MB-IV/2023 ('Order') and in compliance with applicable provisions of the Companies Act, 2013 ('Act'), the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), applicable SEBI Circulars, applicable notifications/circulars/guidance issued by the Ministry of Corporate Affairs and Secretarial Standard-2 issued by Institute of Company Secretaries of India, each as amended, the meeting of the Equity Shareholders of the Company was held on Wednesday, June 28, 2023, at
4:00 P.M. (IST) through two-way video conferencing/other audio-visual means ('VC/OAVM') ('Meeting') to approve the  Scheme.

The Scheme was approved by the Shareholders of the Company with requisite majority. The Company also facilitated the live webcast of the proceedings of the Meeting.

In this regard, please find enclosed the following:

(i)      Summary of the proceedings of the Meeting of the Company, as required under Regulation 30 read with Part A of Schedule Ill of the SEBI Listing Regulations enclosed as
Annexure - A.

(ii)      Results of the remote e-voting prior to the Meeting as well as e-voting during the meeting in relation to the item of business transacted at the said Meeting, as required under Regulation 44(3) of the SEBI Listing Regulations enclosed as Annexure - B.

(iii)     The Scrutinizer's Report dated June 28, 2023 pursuant to the Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014 enclosed as
Annexure - C.

http://www.rns-pdf.londonstockexchange.com/rns/2808E_1-2023-6-28.pdf

The Meeting concluded at 5:00 P.M. (IST).

The Voting Results along with the Scrutinizer's Report is available on the website of the Company at www.tatasteel.com and the website of the National Securities Depository Limited at www.evoting.nsdl.com 

You are requested to kindly take the same on record.

 

END