REG - Tata Steel Limited - Tata Steel Limited - Outcome of Board meeting

TATA SteelAnnouncement

06/11/2024 15:00

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RNS Number : 2241L  Tata Steel Limited  06 November 2024

 

 

November 6, 2024

 

London Stock Exchange

London

 

Dear Madam, Sirs,

Sub: Outcome of Board meeting

 

This has reference to our intimation of Board meeting dated October 28, 2024.

 

The Board of Directors ('Board') of Tata Steel Limited ('Company') at its
meeting held today, i.e., Wednesday, November 6, 2024, inter alia, transacted
the following business:

 

(a)   Financial Results:

 

Approved the Audited Standalone and Unaudited Consolidated Financial Results
of the Company for the quarter and half-year ended September 30, 2024.

 

The financial information as required to be provided in terms of Regulation 52
of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') forms
part of the Financial Results.

 

A copy of the said Results together with the Auditors' Report for the quarter
and

half-year ended September 30, 2024, are enclosed herewith as Annexure 1.

 

(b)   Appointment of Director:

 

Based on the recommendation of the Nomination and Remuneration Committee, the
Board of the Company considered and unanimously approved the appointment of
Mr. Pramod Agrawal (DIN: 00279727) as an Additional Director (Non-Executive,
Independent) effective

November 6, 2024 and as an Independent Director of the Company for a term of 5
years effective November 6, 2024 through November 5, 2029, subject to the
approval of the shareholders of the Company.

 

Further, the Board has appointed Mr. Agrawal as Chairperson and Member of the
Stakeholders' Relationship Committee and Member of the Audit Committee and the
Safety Health & Environment Committee, effective December 11, 2024.

 

There are no inter-se relations between Mr. Pramod Agrawal and the other
members of the Board.

 

Further, Mr. Agrawal is not debarred from holding the office of Director by
virtue of any Order passed by the Securities and Exchange Board of India or
any other such authority.

 

The details in respect of Mr. Pramod Agrawal are enclosed herewith in Annexure
2.

 

The Board meeting commenced at 2:00 p.m. (IST) and concluded at 5:20 p.m.
(IST).

 

Further, please find enclosed herewith the Press Release and Investor
Presentation to be made to Analysts/ Investors of Tata Steel Limited.

 

The above disclosures are available on the website of the Company at
www.tatasteel.com (http://www.tatasteel.com)

 

These disclosures are being made pursuant to Regulations 30, 51, 52 and other
applicable provisions of the SEBI Listing Regulations, as amended.

 

This is for your information and records.

http://www.rns-pdf.londonstockexchange.com/rns/2241L_1-2024-11-6.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/2241L_1-2024-11-6.pdf)

 

 

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