Outcome of Court Convened Meeting

Tata Steel Limited

09 February 2024

 

February 9, 2024

London Stock Exchange

London

Dear Madam, Sirs,

Subject: Summary of Proceedings and Voting Results of the Meeting of the Equity Shareholders of Tata Steel Limited ('Company') convened pursuant to the directions of the Hon'ble National Company Law Tribunal, Mumbai Bench ('NCLT') held on
February 9, 2024

We refer to our letter dated January 5, 2024, wherein the Company had submitted the notice of the meeting of the equity shareholders of Tata Steel Limited to be held on
February 9, 2024.

Pursuant to the Order dated December 14, 2024 in the Company Scheme Application No. CA (CAA) No. 246/MB/2023 ('Order') and in compliance with applicable provisions of the Companies Act, 2013 ('Act') and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), each as amended from time to time, the meeting of the Equity Shareholders of the Company ('Members') was held on Friday, February 9, 2024, at 11:00 a.m. (IST) through two-way video conferencing/other audio-visual means ('VC/OAVM') ('Meeting') to approve the  Scheme of Amalgamation amongst Tata Steel Limited and Angul Energy Limited and their respective shareholders ('Scheme'). The Company also facilitated the live webcast of the proceedings of the Meeting.

The Scheme has been approved by the Shareholders of the Company with requisite majority.

In this regard, please find enclosed the following:

(i)      Summary of the proceedings of the Meeting of the Company, as required under
Regulation 30 and Part A of Schedule Ill of the SEBI Listing Regulations enclosed as Annexure - A.

(ii)      Results of the remote e-voting (prior to as well as during the meeting), in relation to the item of business transacted at the said Meeting, as required under Regulation 44(3) of the SEBI Listing Regulations enclosed as Annexure - B.

(iii)     The Scrutinizer's Report dated February 9, 2024, pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 enclosed as Annexure - C.

http://www.rns-pdf.londonstockexchange.com/rns/7195C_1-2024-2-9.pdf

The Meeting concluded at 11:55 a.m. (IST).

The Voting Results along with the Scrutinizer's Report is available on the website of the Company at www.tatasteel.com and the National Securities Depository Limited at www.evoting.nsdl.com 

You are requested to kindly take the same on record.

 

END