REG - Tata Steel Limited - Summary of Proceedings, Voting Results of Meeting

TATA SteelAnnouncement

27/06/2023 14:15

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RNS Number : 0875E  Tata Steel Limited  27 June 2023

June 27, 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

June 27, 2023

 

We refer to our letter dated May 25, 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

May 16, 2023.

 

Pursuant to the Order in the Company Scheme Application No.
CA(CAA)/115/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 Tuesday,

June 27, 2023, at 12:00 Noon (IST) through two-way video conferencing/other
audio-visual means ('VC/OAVM') ('Meeting') to approve the  Scheme of
Amalgamation amongst Tata Steel Limited and  Tata Steel Long Products 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 postal ballot and 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 June 27, 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.

 

http://www.rns-pdf.londonstockexchange.com/rns/0875E_1-2023-6-27.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/0875E_1-2023-6-27.pdf)

The Meeting concluded at 12.55 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.

 

 

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