REG - Tata Steel Limited - Result of Postal Ballot of Tata Steel Limited

TATA SteelAnnouncement

16/05/2025 09:01

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RNS Number : 0047J  Tata Steel Limited  16 May 2025

 

 

May 16, 2025

 

London Stock Exchange

London

 

Dear Madam, Sir,

Subject: Result of Postal Ballot of Tata Steel Limited

 

This is further to our disclosure dated April 15, 2025, enclosing the copy of
Postal Ballot Notice dated April 8, 2025 ('Notice'), seeking approval of the
Members of Tata Steel Limited ('Company') on the following Ordinary
Resolutions:

 

 SN  Description of Ordinary Resolutions
 Related Party Transactions - Between Tata Steel Limited and the following
 related parties
 1   Material Related Party Transaction(s) with Tata Capital Limited
 2   Material Related Party Transaction(s) with Neelachal Ispat Nigam Limited
 3   Material Related Party Transaction(s) with Tata BlueScope Steel Private
     Limited
 4   Material Related Party Transaction(s) with Jamshedpur Continuous Annealing
     & Processing Company Private Limited - Operational Transaction
 5   One-time Material Related Party Transaction(s) with Jamshedpur Continuous
     Annealing & Processing Company Private Limited - Financial Transaction
 6   Material Related Party Transaction(s) with Tata Motors Limited and Poshs Metal
     Industries Private Limited / ancillary entities of Tata Motors Limited,
     third-party entities
 7   Material Related Party Transaction(s) with TM International Logistics Limited
 8   Material Related Party Transaction(s) with Tata International Limited
 9   Material Related Party Transaction(s) with Tata International Singapore Pte.
     Limited
 10  Material Related Party Transaction(s) with The Tata Power Company Limited
 11  Material Related Party Transaction(s) with Tata International West Asia DMCC
 12  Material Related Party Transaction(s) with Tata Projects Limited
 Related Party Transactions - Between related parties of Tata Steel Limited
 13  One-time Material Related Party Transaction(s) between TSMUK Limited and Tata
     Steel Minerals Canada Limited, both being subsidiary companies of Tata Steel
     Limited
 14  Material Related Party Transaction(s) between Tata Steel UK Limited, wholly
     owned subsidiary of Tata Steel Limited and Tata International West Asia DMCC,
     subsidiary company of the Promoter Company of Tata Steel Limited
 15  Material Related Party Transaction(s) between Tata Steel Downstream Products
     Limited,

wholly owned subsidiary of Tata Steel Limited and Tata Motors Limited, part of
     Promoter Group of Tata Steel Limited and ancillary entities of Tata Motors
     Limited
 16  Material Related Party Transaction(s) between T S Global Procurement Company
     Pte. Limited, wholly owned subsidiary of Tata Steel Limited and Tata
     International Singapore Pte. Limited, subsidiary company of the Promoter
     company of Tata Steel Limited
 17  Material Related Party Transaction(s) between Tata Steel Minerals Canada
     Limited, subsidiary of Tata Steel Limited and IOC Sales Limited, a third
     party, to benefit Tata Steel IJmuiden BV, wholly owned subsidiary of Tata
     Steel Limited via T S Global Procurement Company Pte. Limited, wholly owned
     subsidiary of Tata Steel Limited
 18  Material Related Party Transaction(s) between Tata Steel Minerals Canada
     Limited, subsidiary of Tata Steel Limited and T S Global Procurement Company
     Pte. Limited, wholly owned subsidiary of Tata Steel Limited
 19  Material Related Party Transaction(s) between Neelachal Ispat Nigam Limited
     and T S Global Procurement Company Pte. Limited, both being subsidiary
     companies of Tata Steel Limited
 20  Material Related Party Transaction(s) between Tata Steel IJmuiden BV, wholly
     owned subsidiary of Tata Steel Limited and Wupperman Staal Nederland B.V.,
     associate company of Tata Steel Limited

 

Pursuant to the provisions of Section(s) 110, 108 and other applicable
provisions of the Companies Act, 2013 ('Act') read with Rule(s) 20 and 22 of
the Companies (Management and Administration) Rules, 2014, Regulation 44 of
the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015 ('Listing Regulations') read with other
applicable SEBI Circulars, the Secretarial Standard on General Meetings (SS-2)
issued by The Institute of Company Secretaries of India, and
notification/circulars issued by the Ministry of Corporate Affairs, Government
of India, for holding general meeting/conducting postal ballot process through
e-Voting vide General Circular Nos. 14/2020 dated April 8, 2020, 17/2020 dated
April 13, 2020 read with other relevant circulars issued in this regard, the
latest being General Circular No. 09/2024 dated September 19, 2024, the
Company has transacted special business by way of Postal Ballot through remote
e-Voting process as set out in the Notice.

 

The remote e-voting period started on Wednesday, April 16, 2025, at 9:00 a.m.
(IST) and concluded on Thursday, May 15, 2025, at 5:00 p.m. (IST). The
Scrutinizer has on

Thursday, May 15, 2025, submitted the Scrutinizer's report on the results of
the Postal Ballot through remote e-Voting. Based on the report of the
Scrutinizer, we hereby inform that, the Members of the Company have duly
passed the abovementioned ordinary resolutions with requisite majority.

 

Pursuant to Regulation 44(3) of the Listing Regulations, we enclose herewith
the details of the voting results as Annexure A and the Report of the
Scrutinizer as Annexure B.

 

The voting results and the Report of the Scrutinizer are being made available
on the website of the Company at www.tatasteel.com (http://www.tatasteel.com)
and on the website of National Securities Depository Limited at
www.evoting.nsdl.com (http://www.evoting.nsdl.com) as well as on the website
of stock exchanges where the equity shares of the Company are listed i.e. on
the website of BSE Limited at www.bseindia.com (http://www.bseindia.com) and
the National Stock Exchange of India limited at www.nseindia.com
(http://www.nseindia.com) as well as on the notice board at the Registered
Office of the Company at Bombay House, 24 Homi Mody Street, Fort,

Mumbai 400 001.

 

This is for your information and records.

 

Thank you.

 

Encl: Annexure A and Annexure B

http://www.rns-pdf.londonstockexchange.com/rns/0047J_1-2025-5-16.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/0047J_1-2025-5-16.pdf)

 

 

 

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