REG - Tata Steel Limited - Pronouncement of Order

TATA SteelAnnouncement

24/05/2024 17:45

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RNS Number : 9275P  Tata Steel Limited  24 May 2024

 

May 24, 2024

 

London Stock Exchange

London

 

Dear Sir(s), Madam,

 

Subject: Pronouncement of Order by the Hon'ble National Company Law Tribunal,
Kolkata Bench, having jurisdiction over The Indian Steel & Wire Products
Limited, approving and sanctioning the Scheme of Amalgamation amongst Tata
Steel Limited and The Indian Steel & Wire Products Limited and their
respective shareholders

 

This is further to our disclosures dated September 22, 2022, December 22, 2023
and

January 25, 2024 in connection with the Scheme of Amalgamation amongst Tata
Steel Limited ('Company') and The Indian Steel & Wire Products 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 the Hon'ble National Company Law Tribunal ('Hon'ble
NCLT'), Kolkata Bench, having jurisdiction over the Transferor Company, has
today i.e., May 24, 2024, 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, Kolkata 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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