REG - Tata Steel Limited - Notice of Postal Ballot of Tata Steel Limited

TATA SteelAnnouncement

28/03/2024 13:30

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RNS Number : 7601I  Tata Steel Limited  28 March 2024

 

 

March 28, 2024

London Stock Exchange

London

 

Dear Madam, Sir,

 

Subject: Notice of Postal Ballot of Tata Steel Limited

 

We enclose herewith a copy of the Postal Ballot Notice of Tata Steel Limited
('the Company') dated March 20, 2024, along with the Statement pursuant to
Section 102 and other applicable provisions of the Companies Act, 2013 and
related Rules read with the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 and applicable
Circulars issued by the Securities and Exchange Board of India ('SEBI')
('Notice') for seeking approval of the Member(s) of the Company on the
following 21 Ordinary resolutions:

 

 SN   Description of Ordinary Resolutions
 1.   Material Related Party Transaction(s) with Neelachal Ispat Nigam Ltd -
      Operational Transaction
 2.   One time Material Related Party Transaction(s) with Neelachal Ispat Nigam Ltd
      - Financial Transaction
 3.   Material Related Party Transaction(s) with The Indian Steel & Wire
      Products Ltd - Operational Transaction
 4.   One time Material Related Party Transaction(s) with The Indian Steel &
      Wire Products Ltd - Financial Transaction
 5.   Material Related Party Transaction(s) with Tata BlueScope Steel Private
      Limited
 6.   Material Related Party Transaction(s) with Jamshedpur Continuous Annealing
      & Processing Company Private Limited
 7.   Material Related Party Transaction(s) with TM International Logistics Limited
 8.   Material Related Party Transaction(s) with Tata Capital Limited
 9.   Material Related Party Transaction(s) with Tata International Limited
 10.  Material Related Party Transaction(s) with Tata Projects Limited
 11.  Material Related Party Transaction(s) with Tata International Singapore Pte.
      Limited
 12.  Material Related Party Transaction(s) with The Tata Power Company Limited and
      its ancillary entities, third parties
 13.  Material Related Party Transaction(s) with Tata Motors Limited and Poshs Metal
      Industries Private Limited / ancillary entities of Tata Motors Limited,
      third-party entities
 14.  Material Related Party Transaction(s) between Neelachal Ispat Nigam Ltd and

T S Global Procurement Company Pte. Ltd., both being subsidiary companies of
      Tata Steel Limited
 15.  Material Related Party Transaction(s) between T S Global Holdings Pte. Ltd.
      and

Tata Steel Minerals Canada Limited, both being subsidiary companies of Tata
      Steel Limited
 16.  Material Related Party Transaction(s) between T S Global Procurement Company
      Pte. Ltd., wholly owned subsidiary of Tata Steel Limited and Tata NYK Shipping
      Pte. Ltd., joint venture company of Tata Steel Limited
 17.  Material Related Party Transaction(s) between Tata Steel IJmuiden BV, wholly
      owned subsidiary of Tata Steel Limited and Wupperman Staal Nederland B.V., an
      associate company of Tata Steel Limited
 18.  Material Related Party Transaction(s) between Tata Steel Downstream Products
      Limited, a wholly owned subsidiary of Tata Steel Limited and Tata Capital
      Limited, a subsidiary company of the Promoter Company of Tata Steel Limited
 19.  Material Related Party Transaction(s) between Tata Steel Downstream Products
      Limited, a wholly owned subsidiary of Tata Steel Limited and Tata Motors
      Limited, a related party of Tata Steel Limited and ancillary entities of Tata
      Motors Limited
 20.  Material Related Party Transaction(s) between T S Global Procurement Company
      Pte. Ltd., wholly owned subsidiary of Tata Steel Limited and Tata
      International Singapore Pte. Limited, subsidiary company of the Promoter
      company of Tata Steel Limited
 21.  Material Related Party Transaction(s) between Tata Steel Minerals Canada
      Limited, a subsidiary of Tata Steel Limited and IOC Sales Limited, a third
      party, to benefit Tata Steel UK Limited, a wholly owned subsidiary of Tata
      Steel Limited via

T S Global Procurement Company Pte. Ltd., a wholly owned subsidiary of Tata
      Steel Limited

In compliance with the provisions of the General Circular Nos. 14/2020 dated
April 8, 2020, 17/2020 dated April 13, 2020, 22/2020 dated June 15, 2020,
33/2020 dated September 28, 2020, 39/2020 dated December 31, 2020, 10/2021
dated June 23, 2021, 20/2021 dated December 8, 2021, 3/2022 dated May 5, 2022,
11/2022 dated December 28, 2022 and 09/2023 dated September 25, 2023, issued
by the Ministry of Corporate Affairs, Government of India, read with
applicable SEBI Circulars, this Notice is being sent only through electronic
mode to those members whose e-mail addresses are registered with the
Company/Depositories/Depository Participants/Registrar and Transfer Agent and
whose names are recorded in the Register of Members maintained by the Company
or in the Register of Beneficial Owners maintained by the Depositories as on
Friday, March 22, 2024 ('Cut-Off Date'). Accordingly, physical copy of the
Notice along with the Postal Ballot Form and pre-paid business reply envelope
is not being sent to the Members for this Postal Ballot.

The Company has engaged the services of National Securities Depository Limited
('NSDL') to provide remote e-voting facility to the Members. The remote
e-voting period commences on Friday, March 29, 2024, from 9:00 a.m. (IST) and
ends on Saturday, April 27, 2024, at

5:00 p.m. (IST). The e-voting module shall be disabled by NSDL thereafter.
Voting rights of the Members shall be in proportion to the equity shares held
by them in the paid-up equity share capital of the Company as on the Cut-off
date. Please note that communication of assent or dissent of the Members would
only take place through the remote e-voting system. The instructions for
remote e-voting is provided in the 'Notes' section to the Notice.

Members intending to receive the notice and whose e-mail address is not
registered with the Company/Depositories, may register their e-mail address
with the Company's Registrar and Transfer Agent, Link Intime India Private
Limited, before 5:00 p.m. (IST) on April 19, 2024. The process for
registration of e-mail address is provided below and is also provided in the
'Notes' section to the Notice:

A.  One-time registration of e-mail address with RTA for receiving the Notice
and casting votes electronically:

 

As part of Company's green initiative and to facilitate Members to receive
this Notice electronically, the Company has made special arrangements with its
RTA, Link Intime India Private Limited for registration of e-mail addresses.
Eligible Members who have not registered their e-mail addresses with the RTA,
are required to provide the same to the RTA before 5:00 pm (IST) on April 19,
2024.

 

B.  Process to be followed for one-time registration of e-mail address (for
shares held in physical form or in electronic form) is as follows:

 

a)    Visit the link:
https://liiplweb.linkintime.co.in/EmailReg/Email_Register.html
(https://liiplweb.linkintime.co.in/EmailReg/Email_Register.html)

b)    Select the name of the Company from drop-down: Tata Steel Limited

c)    Enter details in respective fields such as DP ID and Client ID (if
shares held in electronic form) / Folio no. and Certificate no. (if shares
held in physical form), Shareholder name, PAN, mobile number and e-mail id

d)    System will send One Time Password ('OTP') on mobile no. and e-mail
id

e)    Enter OTP received on mobile no. and e-mail id and submit.

 

After successful submission of the e-mail address, NSDL will e-mail a copy of
the Postal Ballot Notice along with the e-Voting user ID and password.

 

For voting process, please refer 'Notes' section of the Postal Ballot Notice.
In case of any queries, Members may write to csg-unit@tcplindia.co.in or
evoting@nsdl.com

 

C.  Registration of e-mail address permanently with Company / DP: Members are
requested to register the e-mail address with their concerned DPs, in respect
of electronic holding and with the Company / RTA in respect of physical
holding. Please visit https://tcplindia.co.in/client-downloads.html
(https://tcplindia.co.in/client-downloads.html) to know more about the
registration process. Further, those Members who have already registered their
e-mail addresses are requested to ensure that their E-mail ID is valid or in
case of change, update the same with their DPs/RTA to enable service of
notices/documents/Integrated Reports and other communications electronically
to their e-mail address in future.

 

The Notice is available on the website of the Company at

https://www.tatasteel.com/investors/investor-information/postal-ballot/
(https://www.tatasteel.com/investors/investor-information/postal-ballot/) and
on the website of NSDL at www.evoting.nsdl.com (http://www.evoting.nsdl.com)

 

This disclosure is being made pursuant to Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended.

 

This is for your information and records.

http://www.rns-pdf.londonstockexchange.com/rns/7601I_1-2024-3-28.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/7601I_1-2024-3-28.pdf)

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