REG - Tata Steel Limited - Outcome of NCLT Convened Meeting

TATA SteelAnnouncement

18/09/2023 16:45

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RNS Number : 8166M  Tata Steel Limited  18 September 2023

September 18, 2023

London Stock Exchange

London

 

Dear Madam, Sirs,

 

Subject: Summary of Proceedings and Voting Results of the Meeting of the
Equity Shareholders of Tata Steel Limited ('Company') convened pursuant to the
directions of the Hon'ble National Company Law Tribunal, Mumbai Bench ('NCLT')
held on

September 18, 2023

 

We refer to our letter dated August 17, 2023, wherein the Company had
submitted the notice of the meeting of the equity shareholders of Tata Steel
Limited vide order of the NCLT dated

August 2, 2023.

 

Pursuant to the Order in the Company Scheme Application No.
CA(CAA)/138/MB-IV/2023 ('Order') and in compliance with applicable provisions
of the Companies Act, 2013 ('Act') and the Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015
('SEBI Listing Regulations'), each as amended from time to time, the meeting
of the Equity Shareholders of the Company ('Members') was held on Monday,

September 18, 2023, at 4.30 p.m. (IST) through two-way video
conferencing/other audio-visual means ('VC/OAVM') ('Meeting') to approve the
Scheme of Amalgamation amongst Tata Steel Limited and TRF Limited and their
respective shareholders ('Scheme'). The Scheme was approved by the
Shareholders of the Company with requisite majority. The Company also
facilitated the live webcast of the proceedings of the Meeting.

 

In this regard, please find enclosed the following:

 

(i)      Summary of the proceedings of the Meeting of the Company, as
required under

Regulation 30 and Part A of Schedule Ill of the SEBI Listing Regulations
enclosed as Annexure - A.

 

(ii)      Results of the remote e-voting (prior to as well as during the
meeting), in relation to the item of business transacted at the said Meeting,
as required under Regulation 44(3) of the SEBI Listing Regulations enclosed as
Annexure - B.

 

(iii)     The Scrutinizer's Report dated September 18, 2023, pursuant to
Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies
(Management and Administration) Rules, 2014 enclosed as Annexure - C.

 

The Meeting concluded at 5.40 p.m. (IST).

 

The Voting Results along with the Scrutinizer's Report is available on the
website of the Company at www.tatasteel.com (http://www.tatasteelbsl.co.in)
and the National Securities Depository Limited at www.evoting.nsdl.com
(http://www.evoting.nsdl.com)

 

You are requested to kindly take the same on record.

http://www.rns-pdf.londonstockexchange.com/rns/8166M_1-2023-9-18.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/8166M_1-2023-9-18.pdf)

 

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