REG - Tata Steel Limited - Acquisition

TATA SteelAnnouncement

16/05/2022 07:01

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RNS Number : 5265L  Tata Steel Limited  16 May 2022

May 14, 2022

 

London Stock Exchange

London

 

Dear Sir, Madam,

 

Sub:    Acquisition of 1,30,00,000 (One crore thirty lakh) - 11.25%
Optionally Convertible Redeemable Preference Shares of TRF Limited,
aggregating to ₹13 crore (Rupees Thirteen crore)

 

This is to inform you that Tata Steel Limited has on May 13, 2022, acquired
1,30,00,000 (One crore thirty lakh), 11.25% Optionally Convertible Redeemable
Preference Shares ('OCRPS') of face value ₹10/- each of TRF Limited ('TRF'),
aggregating to ₹13 crore ('OCRPS-Series- 2').

 

The details of the acquisition are given in Annexure A.

http://www.rns-pdf.londonstockexchange.com/rns/5265L_1-2022-5-14.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/5265L_1-2022-5-14.pdf)

 

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

 

This is for your information and records.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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