REG - Tata Steel Limited - Acquisition

TATA SteelAnnouncement

25/06/2024 18:00

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RNS Number : 8554T  Tata Steel Limited  25 June 2024

 

 

 

June 25, 2024

 

London Stock Exchange

London

 

Dear Madam, Sir(s),

 

Sub:    Acquisition of equity stake in Indian Foundation for Quality
Management

 

This is to inform you that, Tata Steel Limited ('Company') has acquired
1,25,00,000 equity shares of face value ₹10/- each aggregating to ₹12.5
crore (14.28%) in Indian Foundation for Quality Management ('IFQM'). IFQM has
informed the Company today, i.e. June 25, 2024, about the allotment of these
shares on June 2, 2024 to the Company. Accordingly, this disclosure is being
made today.

 

The relevant details of the above-mentioned equity transaction are enclosed in
Annexure.

http://www.rns-pdf.londonstockexchange.com/rns/8554T_1-2024-6-25.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/8554T_1-2024-6-25.pdf)

 

This disclosure is made in compliance with Regulation 30 and 51 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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