Tata Steel:Notice of shareholder meeting

February 19, 2021

London Stock Exchange

London

Dear Madam, Sirs,

Subject: Notice of the Meeting of the Equity Shareholders of Tata Steel Limited convened pursuant to the directions of the Hon'ble National Company Law Tribunal, Mumbai Bench ('NCLT') in the matter of Composite Scheme of Amalgamation of Bamnipal Steel Limited and Tata Steel BSL Limited (formerly known as Bhushan Steel Limited) into and with Tata Steel Limited ('Company') 

This refers to our letter dated February 17, 2021 informing that in accordance with the orders of the NCLT dated February 20, 2020 passed in the Company Scheme Application No. 3083/MB/2019 and orders dated January 11, 2021, January 19, 2021 and February 5, 2021 passed in the Company Application No. 1056/2020 (collectively referred as 'Order'), a meeting of the Equity Shareholders of the Company is being convened on Friday, March 26, 2021 at
11:00 a.m. (IST) through Video Conferencing/Other Audio-Visual Means ('VC/OAVM') ('Meeting') to consider and if thought fit, to approve the Composite Scheme of Amalgamation of Bamnipal Steel Limited and Tata Steel BSL Limited (formerly known as Bhushan Steel Limited) into and with the Company under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Act').

Please find enclosed a copy of the Notice dated February 19, 2021 convening the Meeting along with the Explanatory Statement and other Annexures for your information and records ('Notice'). As stated in our above mentioned letter, the Notice of the Meeting is being sent through electronic means to the Equity Shareholders of the Company as on Friday, February 12, 2021 ('cut-off date') at their e-mail address registered with the Company/Registrar and Transfer Agents ('RTA')/Depository Participants ('DPs') ('Eligible Shareholders'). No physical copies of the Notice of the Meeting is being sent to any Shareholder.

The Meeting is being conducted through VC/OAVM, in compliance with the operating procedures, issued from time to time, by the Ministry of Corporate Affairs, Government of India and the NCLT Order.

Pursuant to the provisions of Sections 230(4), 108 and 110 of the Act, read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') and other applicable provisions, if any, of the Act and of SEBI Listing Regulations and SEBI Circular No. CFD/DIL3/CIR/2017/21 dated March 10, 2017, each as amended from time to time (to the extent applicable), the Company will be offering postal ballot and remote e-voting facility (prior to as well as during the Meeting) to the Eligible Shareholders to cast their votes on the resolution set forth in the Notice of the Meeting. The Company has appointed National Securities Depository Limited for providing remote e-voting facility as well as to enable the Eligible Shareholders of the Company to attend and participate in the Meeting through VC/OAVM.

The voting period for postal ballot and remote e-voting prior to the Meeting commences on and from Wednesday, February 24, 2021 at 9:00 a.m. (IST) through Thursday, March 25, 2021 till 5:00 p.m. (IST). The voting rights for the purposes of postal ballot or remote e-voting (prior to as well as during the Meeting), shall be reckoned on the basis of the paid-up value of the equity shares registered in the name of the Eligible Shareholder(s) as on Friday, February 12, 2021
i.e the cut-off date. The detailed instructions for joining the Meeting through VC/OAVM, manner of casting vote through postal ballot and remote e-voting (prior to as well as during the Meeting), are provided in the enclosed Notice of the Meeting.

The above announcements are also being made available on the website of the Company www.tatasteel.com 

This disclosure is being made in compliance with Regulation 30 of the SEBI Listing Regulations, as amended.

This is for your information and records.

http://www.rns-pdf.londonstockexchange.com/rns/7738P_1-2021-2-19.pdf