REG - Tata Steel Limited - Notice of Meeting of Equity Shareholders of TSL

TATA SteelAnnouncement

22/12/2023 12:00

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RNS Number : 8065X  Tata Steel Limited  22 December 2023

                        December 22, 2023

 

London Stock Exchange

London

 

Dear Madam, Sirs,

 

Subject: Notice of the Meeting of the Equity Shareholders of Tata Steel
Limited being convened as per the directions provided in the Orders of the
Hon'ble National Company Law Tribunal, Mumbai Bench ('NCLT') in the matter of
the Scheme of Amalgamation amongst Tata Steel Limited ('Transferee
Company'/'Company') and The Indian Steel & Wire Products Limited
('Transferor Company') and their respective shareholders ('Scheme')

 

This is to inform that by Orders dated November 10, 2023 and December 12,
2023, in the Company Scheme Application CA (CAA) No. 251/MB/2023 ('Orders'),
the NCLT has directed, inter alia, that a meeting of the Equity Shareholders
of the Transferee Company be convened and held on Thursday, January 25, 2024
through video-conferencing or other audio-visual means ('VC/OAVM') ('Meeting')
to consider and if thought fit, with or without modification(s), approve the
Scheme.

 

As per the directions of the NCLT, a Meeting of  the equity shareholders of
the Company is being convened on Thursday, January 25, 2024 at 11.00 a.m.
(IST) through VC/OAVM mode, in compliance with the provisions of the Companies
Act, 2013 ('Act') and related Rules, read with the applicable general
circulars issued by the Ministry of Corporate Affairs in relation to
conducting general meeting through VC/OAVM with facility for e-voting,
Regulation 44 and other provisions of the Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015
('SEBI Listing Regulations'), applicable SEBI Circulars and Secretarial
Standard on General Meetings as issued by the Institute of Company Secretaries
of India.

 

We hereby enclose a copy of the Notice convening the Meeting along with the
Statement under Section(s) 102, 230 to 232 and other applicable provisions of
the Act read with Rule 6 of the Companies (Compromises, Arrangements and
Amalgamations) Rules, 2016, SEBI Listing Regulations and applicable SEBI
Circulars (together referred to as 'Notice').

The related Annexures are available at the link:
 https://www.tatasteel.com/media/19725/noticecombined.pdf
(https://www.tatasteel.com/media/19725/noticecombined.pdf)

 

The Notice of the Meeting along with Annexures is being sent ONLY through
electronic means to the equity shareholders of the Company as on Friday,
December 15, 2023, at their e-mail address registered with the
Company/Registrar and Transfer Agents ('RTA')/Depository Participants ('DPs')/
Depositories.

 

Only an equity shareholder whose name appears in the Register of Members
maintained by the Company/RTA or in the Register of Beneficial Owners
maintained by the Depositories as on the Cut-Off Date, i.e., Thursday, January
18, 2024, shall be entitled to exercise his/her/its voting rights on the
Resolution proposed in the Notice and attend the Meeting. Voting rights of an
equity shareholder/beneficial owner (in case of electronic shareholding) shall
be in proportion to his/her/its shareholding in the paid-up equity share
capital of the Company as on the Cut-Off Date.

 

Pursuant to the provisions of Section 108 and other provisions of the Act read
with Rule 20 of the Companies (Management and Administration) Rules, 2014, as
amended, Regulation 44 and other provisions of the SEBI Listing Regulations
and applicable SEBI circulars, the general circulars issued by MCA for
providing e-voting facility at general meeting convened over VC/OAVM, and
SS-2, the Company will be providing the facility of remote e-voting prior to
the Meeting and e-voting at the Meeting to its Members in respect of the
business to be transacted at the Meeting. The Company has appointed National
Securities Depository Limited ('NSDL') to provide the facility of casting
votes by its Members using remote e-voting /e-voting system as well as to
enable the Shareholders of the Company to attend and participate in the
Meeting through VC/OAVM.

 

The period for remote e-voting prior to the Meeting commences on Sunday,
January 21, 2024 at 9:00 a.m. (IST) and ends on Wednesday, January 24, 2024 at
5:00 p.m. (IST). NSDL will disable the remote e-voting system thereafter. The
Company is also providing e-voting at the Meeting.

 

The detailed instructions for joining the Meeting through VC/OAVM, manner of
casting vote through remote e-voting/e-voting and registration of e-mail
address of the shareholders for the Meeting are provided in the 'Notes'
section of the Notice.

 

The Notice is available on the website of the Company at www.tatasteel.com
(http://www.tatasteel.com) and on the website of NSDL at www.evoting.nsdl.com
(http://www.evoting.nsdl.com) . It will be made available on the website of
SEBI at www.sebi.gov.in (http://www.sebi.gov.in) and on the website(s) of BSE
Limited and the National Stock Exchange of India Limited at www.bseindia.com
(http://www.bseindia.com) and www.nseindia.com (http://www.nseindia.com)
respectively.

 

This disclosure is being made in compliance with Regulation 30 read with other
applicable provisions, if any, of the SEBI Listing Regulations, as amended.

 

This is for your information and records.

http://www.rns-pdf.londonstockexchange.com/rns/8065X_1-2023-12-22.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/8065X_1-2023-12-22.pdf)

 

 

 

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