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On August 18, 2025, Tata Steel Advanced Materials Limited (TSAML), a wholly-owned subsidiary of Tata Steel Limited, divested its entire 90% equity and 100% preference stake in Ceramat Private Limited (CPL) to Lionstead Applied Materials Private Limited. Following this divestment, TSAML ceases to hold any securities in CPL, and CPL ceases to be a subsidiary of Tata Steel Limited.
| Date | 18 Aug 2025 |
| Time | 16:01:56 |
| Category | Miscellaneous |
| ID | 7782V |
Ref No. SEC/733/2025-26
August 18, 2025
London Stock Exchange
London
Dear Madam, Sirs,
Sub: Divestment of entire stake held in Ceramat Private Limited by Tata Steel Advanced Materials Limited, a wholly owned subsidiary of Tata Steel Limited
The Board of Directors of Tata Steel Advanced Materials Limited ('TSAML'), a wholly owned subsidiary of Tata Steel Limited ('the Company'), at its Board meeting held earlier today, i.e. August 18, 2025, has approved the divestment of the entire equity (90%) and preference (100%) stake held by TSAML in Ceramat Private Limited ('CPL'), to Lionstead Applied Materials Private Limited ('Lionstead'), a wholly owned subsidiary of Lionstead Ventures LLP and consequently a Share Purchase Agreement ('SPA') has been executed between TSAML, CPL, Lionstead and other shareholders of CPL.
With this divestment, TSAML ceases to hold any securities in CPL and consequently CPL ceases to be a subsidiary of the Company.
The relevant details with respect to the divestment are given in Annexure 1.
http://www.rns-pdf.londonstockexchange.com/rns/7782V_1-2025-8-18.pdf
This disclosure is being made by the Company in compliance with Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
This is for your information and records.