REG - Tata Steel Limited - Receipt of Order of the Hon’ble NCLT Kolkata Bench

TATA SteelAnnouncement

08/04/2022 16:30

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RNS Number : 8530H  Tata Steel Limited  08 April 2022

April 8, 2022

 

London Stock Exchange

London

 

Dear Madam, Sirs,

 

Sub: Receipt of Order of the Hon'ble National Company Law Tribunal, Kolkata
Bench, approving the Resolution Plan submitted by Tata Steel Mining Limited, a
wholly owned subsidiary of Tata Steel Limited, for acquisition of Rohit
Ferro-Tech Limited

 

This is further to our disclosure dated April 7, 2022, informing that the
Hon'ble National Company Law Tribunal, Kolkata Bench ('Hon'ble NCLT') had on
April 7, 2022, pronounced an Order orally approving the Resolution Plan
submitted by Tata Steel Mining Limited ('TSML'), an unlisted wholly owned
subsidiary of Tata Steel Limited, for acquisition of Rohit Ferro-Tech Limited
('RFT') under the Corporate Insolvency Resolution Process ('CIRP') of the
Insolvency and Bankruptcy Code 2016 ('Code').

 

The said Order of the Hon'ble NCLT is now available on the website of NCLT at
https://nclt.gov.in (https://nclt.gov.in)  The copy of the Order along with
the salient features and details of the Resolution Plan as approved by the
Hon'ble NCLT in adherence with the Code have been disseminated to the Stock
Exchanges by RFT and is enclosed as Annexure A.

 

http://www.rns-pdf.londonstockexchange.com/rns/8530H_1-2022-4-8.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/8530H_1-2022-4-8.pdf)

 

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

 

This is for your information and records.

 

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