Last checked at 24 May 2024 17:40
May 24, 2024
London Stock Exchange
London
Dear Sir(s), Madam,
Subject: Pronouncement of Order by the Hon'ble National Company Law Tribunal, Kolkata Bench, having jurisdiction over The Indian Steel & Wire Products Limited, approving and sanctioning the Scheme of Amalgamation amongst Tata Steel Limited and The Indian Steel & Wire Products Limited and their respective shareholders
This is further to our disclosures dated September 22, 2022, December 22, 2023 andJanuary 25, 2024 in connection with the Scheme of Amalgamation amongst Tata Steel Limited ('Company') and The Indian Steel & Wire Products Limited ('Transferor Company') and their respective shareholders ('Scheme of Amalgamation'), under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with the Rules framed thereunder.
This is to inform you that the Hon'ble National Company Law Tribunal ('Hon'ble NCLT'), Kolkata Bench, having jurisdiction over the Transferor Company, has today i.e., May 24, 2024, pronounced the order approving and sanctioning the aforesaid Scheme of Amalgamation. The Scheme of Amalgamation is pending sanction from the Hon'ble NCLT, Mumbai Bench, having jurisdiction over the Transferee Company.
The copy of the order of the Hon'ble NCLT, Kolkata Bench, shall be made available on the website of the Company at www.tatasteel.com
This disclosure is being made in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
This is for your information and record.