REG - Tata Steel Limited - Order by Honorable National Company Law Tribunal

TATA SteelAnnouncement

19/04/2024 12:15

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RNS Number : 3664L  Tata Steel Limited  19 April 2024

 

 

April 19, 2024

     London Stock Exchange

     London

 

Dear Madam, Sirs,

 

Subject: Pronouncement of Order by the Hon'ble National Company Law Tribunal,
Delhi Bench, having jurisdiction over Angul Energy Limited, approving and
sanctioning the Scheme of Amalgamation amongst Tata Steel Limited and Angul
Energy Limited and their respective shareholders

 

This is further to our disclosures dated February 6, 2023, January 5, 2024 and

February 9, 2024 in connection with the Scheme of Amalgamation amongst Tata
Steel Limited ('Company') and Angul Energy Limited ('Transferor Company') and
their respective shareholders ('Scheme of Amalgamation'), under the provisions
of Sections 230 to 232 and other applicable provisions of the Companies Act,
2013 read with the Rules framed thereunder.

 

This is to inform you that, on April 18, 2024, the Hon'ble National Company
Law Tribunal ('Hon'ble NCLT'), Delhi Bench, having jurisdiction over the
Transferor Company, pronounced the order approving and sanctioning the
aforesaid Scheme of Amalgamation. The Scheme of Amalgamation is pending
sanction from the Hon'ble NCLT, Mumbai Bench, having jurisdiction over the
Transferee Company.

 

The copy of the order of the Hon'ble NCLT, Delhi Bench, shall be made
available on the website of the Company at www.tatasteel.com
(http://www.tatasteel.com)

 

This disclosure is being made in terms of 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 record.

 

 

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