30 Mar 2022 15:53
March 30, 2022
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London Stock Exchange
London
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Dear Sir, Madam,
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Sub: Acquisition of 117,00,00,000 - 0.01% Non-Convertible Redeemable Preference Shares of Tata Steel Long Products Limited, aggregating to ₹11,700 crore
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We refer to our letter dated March 17, 2022.
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This is to inform you that Tata Steel Limited has today, i.e., March 30, 2022, acquired 117,00,00,000 - 0.01% Non-Convertible Redeemable Preference Shares ('NCRPS') of face value ₹100/- each of Tata Steel Long Products Limited, aggregating to ₹11,700 crore('Tranche 2').
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The details of the acquisition are given in Annexure A.
http://www.rns-pdf.londonstockexchange.com/rns/6480G_1-2022-3-30.pdf
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This disclosure is made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
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This is for your information and records.
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