REG - Tata Steel Limited - Scheme of amalgamation

TATA SteelAnnouncement

20/02/2024 13:15

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RNS Number : 8021D  Tata Steel Limited  20 February 2024

 

February 20, 2024

 

London Stock Exchange

London

 

Dear Madam, Sirs,

 

Sub: Scheme of amalgamation amongst Tata Steel Limited and TRF Limited and
their respective shareholders

 

This has reference to our disclosure dated February 7, 2024, intimating the
decision of the Board of Directors not to proceed with the Scheme of
Amalgamation amongst Tata Steel Limited ('the Company') and TRF Limited and
their respective shareholders ('Scheme').

 

In this connection we would like to inform that the Hon'ble National Company
Law Tribunal, Mumbai Bench ('NCLT'), vide its order dated February 8, 2024,
has allowed the withdrawal of the Scheme. The copy of the said Order has been
made available on the website of the NCLT today, i.e. February 20, 2024 and is
enclosed herewith.

 

This disclosure is being made in terms of Regulation 30 read with Regulation
51 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended, read with applicable
SEBI Circulars.

 

This is for your information and record.

 

http://www.rns-pdf.londonstockexchange.com/rns/8021D_1-2024-2-20.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/8021D_1-2024-2-20.pdf)

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