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RNS Number : 0595M Tata Steel Limited 11 September 2023
September 11, 2023
London Stock Exchange
London
Dear Madam, Sirs,
Sub: Result of Postal Ballot by remote e-voting process
This is further to our disclosure dated August 11, 2023, enclosing the copy of
Postal Ballot Notice dated August 11, 2023 ('Notice') for seeking approval of
the Members of Tata Steel Limited ('the Company') on the following ordinary
resolutions:
SN Description of the Ordinary Resolution(s)
1. Material Related Party Transaction(s) With Angul Energy Limited
2. Material related party transaction(s) with Tata Projects Limited
3. Material 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
4. Material modification in approved related party transaction(s) with Tata
Motors Limited and Poshs Metal Industries Private Limited, a third party
5. Re-Appointment of Mr. T.V. Narendran (DIN: 03083605) as Chief Executive
Officer and Managing Director and payment of remuneration
Pursuant to the provisions of Section 110, Section 108 and other applicable
provisions of the Companies Act, 2013, read with related Rules, as amended,
Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 ('Listing Regulations') read with other applicable SEBI
Circulars and the Secretarial Standard on General Meetings issued by The
Institute of Company Secretaries of India, the Company has transacted special
business by way of Postal Ballot through remote e-voting process as set out in
the Notice.
The remote e-voting process concluded on Monday, September 11, 2023 at 5:00
p.m. (IST). The Scrutinizer has today, i.e., September 11, 2023, submitted his
report on the results of the Postal Ballot through remote e-voting. Based on
the report of the scrutinizer, we hereby inform that, the Members of the
Company have duly passed the above Ordinary Resolutions with requisite
majority.
Pursuant to Regulation 44(3) of the Listing Regulations, we are enclosing
herewith the details of the voting results as Annexure A and the Report of the
Scrutinizer as Annexure B.
The voting results and the Report of the Scrutinizer are being made available
on the website of the Company www.tatasteel.com (http://www.tatasteel.com) and
on website of National Securities Depository Limited www.evoting.nsdl.com
(http://www.evoting.nsdl.com) as well as on the notice board at the Registered
Office of the Company at Bombay House, 24 Homi Mody Street, Fort, Mumbai 400
001.
This is for your information and records.
http://www.rns-pdf.londonstockexchange.com/rns/0595M_1-2023-9-11.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/0595M_1-2023-9-11.pdf)
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