REG - Tata Steel Limited - Notice of Postal Ballot

TATA SteelAnnouncement

01/02/2024 12:15

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RNS Number : 7401B  Tata Steel Limited  01 February 2024

February 1, 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 February 1, 2024, along with the Statement pursuant to
Section 102 and other applicable provisions of the Companies Act, 2013 and
related Rules read with the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 and applicable SEBI Circulars ('Notice') for
seeking approval of the Member(s) of the Company on the following four
Ordinary resolutions:

 

 SN  Description of Ordinary Resolutions
 1.  Material modification in the approved related party transaction(s) with The
     Indian Steel and Wire Products Ltd
 2.  Material modification in the approved 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
 3.  Material modification in the approved related party transaction(s) with Tata
     Motors Limited and Poshs Metal Industries Private Limited / ancillary entities
     of Tata Motors Limited, third party entities
 4.  Material related party transactions with Tata Capital Ltd, a related party 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, January 26, 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, February 2, 2024, from 9:00 a.m. (IST)
and ends on Saturday, March 2, 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 February 23, 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 February
23, 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://tcpl.linkintime.co.in/EmailReg/Email_Register.html
(https://tcpl.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/7401B_1-2024-2-1.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/7401B_1-2024-2-1.pdf)

 

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