REG - Tata Steel Limited - Update on acquisition

TATA SteelAnnouncement

12/04/2022 12:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220412:nRSL1401Ia&default-theme=true

RNS Number : 1401I  Tata Steel Limited  12 April 2022

April 12, 2022

 

London Stock Exchange

London

 

Dear Madam, Sirs,

 

Sub: Acquisition of entire stake held by Steel Authority of India Limited in S&T Mining Company Limited

 

This has reference to our disclosure dated April 6, 2022 regarding execution
of a Share Purchase Agreement with Steel Authority of India Limited ('SAIL')
for acquisition of the entire equity stake of SAIL (50%) held in S&T
Mining Company Limited ('S&T Mining').

 

This is to inform you that, the Company has yesterday, i.e. April 11, 2022,
completed the acquisition of the entire equity stake held by SAIL in S&T
Mining.

 

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.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ACQITMMTMTABBIT