Order by Honorable National Company Law Tribunal

Tata Steel Limited
19 April 2024
 

 

 

April 19, 2024

     London Stock Exchange

     London

 

Dear Madam, Sirs,

 

Subject: Pronouncement of Order by the Hon'ble National Company Law Tribunal, Delhi Bench, having jurisdiction over Angul Energy Limited, approving and sanctioning the Scheme of Amalgamation amongst Tata Steel Limited and Angul Energy Limited and their respective shareholders

 

This is further to our disclosures dated February 6, 2023, January 5, 2024 and
February 9, 2024 in connection with the Scheme of Amalgamation amongst Tata Steel Limited ('Company') and Angul Energy 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, on April 18, 2024, the Hon'ble National Company Law Tribunal ('Hon'ble NCLT'), Delhi Bench, having jurisdiction over the Transferor Company, 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, Delhi 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.

 


 

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