Source - LSE Regulatory
RNS Number : 4179Z
Tata Steel Limited
06 August 2024
 

 

 

August 6, 2024

 

London Stock Exchange

London

 

Dear Madam, Sirs,

 

Subject: Pronouncement of Order by the Hon'ble National Company Law Tribunal, Mumbai Bench, approving and sanctioning the Scheme of Amalgamation amongst Tata Steel Limited and The Indian Steel & Wire Products Ltd and their respective shareholders

 

This is further to our disclosures dated September 22, 2022, December 22, 2023, January 25, 2024 and May 24, 2024, in connection with the Scheme of Amalgamation amongst Tata Steel Limited ('Transferee Company' / 'Company') and The Indian Steel & Wire Products Ltd ('Transferor Company') and their respective shareholders ('Scheme of Amalgamation'), under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, read with related Rules framed thereunder.

 

This is to inform you that today, i.e. August 6, 2024, the Hon'ble National Company Law Tribunal ('Hon'ble NCLT'), Mumbai Bench, having jurisdiction over the Transferee Company, pronounced the order approving and sanctioning the aforesaid Scheme of Amalgamation ('Order').

 

As informed through our earlier disclosure, the Scheme of Amalgamation was approved and sanctioned by the Hon'ble NCLT, Kolkata Bench, having jurisdiction over the Transferor Company, vide its order dated May 24, 2024.

 

In view of the above, the Scheme of Amalgamation stands approved and sanctioned.

 

The copy of the Order as available on the website of the Hon'ble NCLT, Mumbai Bench is enclosed herewith.

 

This disclosure is being made in terms of Regulation 30 and Regulation 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

 

This is for your information and record.

 

 http://www.rns-pdf.londonstockexchange.com/rns/4179Z_1-2024-8-6.pdf 

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