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Tata Steel Limited's Board of Directors, at its meeting on November 6, 2024, approved the Audited Standalone and Unaudited Consolidated Financial Results for the quarter and half-year ended September 30, 2024. The Board unanimously approved the appointment of Mr. Pramod Agrawal as an Additional Director (Non-Executive, Independent) effective November 6, 2024, and as an Independent Director for a 5-year term until November 5, 2029, subject to shareholder approval. Mr. Agrawal was also appointed Chairperson and Member of the Stakeholders' Relationship Committee and Member of the Audit and Safety Health & Environment Committees, effective December 11, 2024.
| Date | 6 Nov 2024 |
| Time | 14:48:33 |
| Category | AGMs and other meetings |
| ID | 2241L |
November 6, 2024
London Stock Exchange
London
Dear Madam, Sirs,
Sub: Outcome of Board meeting
This has reference to our intimation of Board meeting dated October 28, 2024.
The Board of Directors ('Board') of Tata Steel Limited ('Company') at its meeting held today, i.e., Wednesday, November 6, 2024, inter alia, transacted the following business:
(a) Financial Results:
Approved the Audited Standalone and Unaudited Consolidated Financial Results of the Company for the quarter and half-year ended September 30, 2024.
The financial information as required to be provided in terms of Regulation 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') forms part of the Financial Results.
A copy of the said Results together with the Auditors' Report for the quarter and
half-year ended September 30, 2024, are enclosed herewith as Annexure 1.
(b) Appointment of Director:
Based on the recommendation of the Nomination and Remuneration Committee, the Board of the Company considered and unanimously approved the appointment of Mr. Pramod Agrawal (DIN: 00279727) as an Additional Director (Non-Executive, Independent) effective
November 6, 2024 and as an Independent Director of the Company for a term of 5 years effective November 6, 2024 through November 5, 2029, subject to the approval of the shareholders of the Company.
Further, the Board has appointed Mr. Agrawal as Chairperson and Member of the Stakeholders' Relationship Committee and Member of the Audit Committee and the Safety Health & Environment Committee, effective December 11, 2024.
There are no inter-se relations between Mr. Pramod Agrawal and the other members of the Board.
Further, Mr. Agrawal is not debarred from holding the office of Director by virtue of any Order passed by the Securities and Exchange Board of India or any other such authority.
The details in respect of Mr. Pramod Agrawal are enclosed herewith in Annexure 2.
The Board meeting commenced at 2:00 p.m. (IST) and concluded at 5:20 p.m. (IST).
Further, please find enclosed herewith the Press Release and Investor Presentation to be made to Analysts/ Investors of Tata Steel Limited.
The above disclosures are available on the website of the Company at www.tatasteel.com
These disclosures are being made pursuant to Regulations 30, 51, 52 and other applicable provisions of the SEBI Listing Regulations, as amended.
This is for your information and records.
http://www.rns-pdf.londonstockexchange.com/rns/2241L_1-2024-11-6.pdf