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RNS Number : 0458F Tata Steel Limited 16 March 2022
March 16, 2022
London Stock Exchange
London
Dear Madam, Sirs,
Sub: Acquisition of 90% equity shares in Ceramat Private Limited through
step-down
subsidiary Tata Steel Advanced Materials Limited
This has reference to our disclosure dated February 28, 2022, regarding
execution of a Share
Purchase cum Shareholders' Agreement by Tata Steel Advanced Materials Limited
('TSAML'),
a step-down subsidiary of Tata Steel Limited, for acquisition of 90% equity
shares in Ceramat
Private Limited.
This is to inform you that, TSAML has, today, i.e. March 16, 2022, completed
the acquisition of
90% equity shares in Ceramat Private Limited.
This disclosure is being made in compliance with Regulation 30 of the SEBI
(Listing Obligations
and Disclosure Requirements) Regulations, 2015.
This is for your information and records.
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