Pronouncement of Order

Tata Steel Limited
03 July 2024
 

 

 

July 3, 2024


 

London Stock Exchange

London

 

Dear Madam, Sirs,

 

Subject: Pronouncement of Order by the Hon'ble National Company Law Tribunal, Mumbai Bench, 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, February 9, 2024 and
April 19, 2024 in connection with the Scheme of Amalgamation amongst Tata Steel Limited ('Transferee Company/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 today i.e. July 3, 2024, the Hon'ble National Company Law Tribunal ('Hon'ble NCLT'), Mumbai Bench, having jurisdiction over the Transferee Company, pronounced the order approving and sanctioning the aforesaid Scheme of Amalgamation ('Order').

 

Further, the Scheme of Amalgamation was approved and sanctioned by the Hon'ble NCLT, Delhi Bench, having jurisdiction over the Transferor Company, vide its order dated April 18, 2024.

 

In view of the above, the Scheme of Amalgamation stands approved and sanctioned.

 

The copy of the Order as uploaded on the website of the Hon'ble NCLT, Mumbai Bench, is enclosed herewith.


http://www.rns-pdf.londonstockexchange.com/rns/0601V_1-2024-7-3.pdf

 

This disclosure is being made in terms of Regulation 30 and Regulation 51 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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END
 
 
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