Last checked at 18 Jan 2011 17:23
January 18, 2011
Sub: Proposed further public issue of equity shares of Rs. 10 each (the "Equity Shares") of Tata Steel Limited (the "Company") (the "Issue")
The Committee of the Board of Directors of the Company by a resolution dated January 18, 2011, in consultation with the book running lead managers, has finalised allocation of 8,325,000 Equity Shares, in aggregate, to Anchor Investors at a price of Rs. 610 per Equity Share (including a premium of Rs. 600 per Equity Share), in the following manner:
Appl. No. | Applicant | No. of Equity Shares allocated | Percentage of the Anchor Investor Portion |
1 | FID Funds (Mauritius) Limited | 320,620 | 3.9% |
2 | Abu Dhabi Investment Authority - Merlion | 104,880 | 1.3% |
3 | Abu Dhabi Investment Authority - Behave | 119,560 | 1.4% |
4 | Nomura Mauritius Limited | 256,500 | 3.1% |
5 | Macquarie Bank Limited | 192,370 | 2.3% |
8 | PCA India Infrastructure Equity Open Limited | 256,500 | 3.1% |
9 | Credit Suisee (Singapore) Limited | 160,310 | 1.9% |
51 | Monetary Authority of Singapore 'B' | 168,360 | 2.0% |
52 | Government of Singapore | 381,480 | 4.6% |
53 | Monetary Authority of Singapore | 168,360 | 2.0% |
54 | Bajaj Allianz Life Insurance Company Limited | 641,250 | 7.7% |
56 | Morgan Stanley Mauritius Company Limited | 455,290 | 5.5% |
58 | Global Strategic Investments Limited | 25,390 | 0.3% |
59 | Pictet Funds Mauritius Limited | 40,420 | 0.5% |
111 | MetLife India Insurance Company Limited | 76,950 | 0.9% |
112 | Indus Capital Advisors (UK) LLP A/C Indus India Fund (Mauritius) Limited | 320,620 | 3.9% |
113 | Reliance Life Insurance Company Limited | 54,400 | 0.7% |
151 | The India Fund Inc | 52,190 | 0.6% |
152 | Geosphere (Mauritius) Fund Limited | 128,250 | 1.5% |
156 | Emerging Markets Growth Fund Inc | 473,850 | 5.7% |
157 | Capital International Emerging Markets Fund | 225,110 | 2.7% |
251 | Broad Peak Mauritius Private Limited | 641,250 | 7.7% |
301 | Barclays Capital Mauritius Limited | 64,120 | 0.8% |
302 | Emerging Markets Management LLC A/C EMSAF - Mauritius | 147,980 | 1.8% |
303 | Emerging Markets Management LLC A/C GRD7 | 73,990 | 0.9% |
154 A | HDFC Trustee Company Limited - HDFC Equity Fund | 402,000 | 4.8% |
154 B | HDFC Trustee Company Limited - HDFC Top 200 Fund | 455,000 | 5.5% |
154 C | HDFC Trustee Company Limited - HDFC Long Term Advantage Fund | 48,000 | 0.6% |
201 A | ICICI Prudential Dynamic Plan | 1,400,000 | 16.8% |
201 B | ICICI Prudential Infrastructure Fund | 314,000 | 3.8% |
201 C | ICICI Prudential Power | 95,000 | 1.1% |
201 D | ICICI Prudential MIP 25 | 25,000 | 0.3% |
201 E | ICICI Prudential Target Returns Fund | 36,000 | 0.4% |
Total | 8,325,000 | 100.0% |
In accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, if the Issue Price fixed as a result of the book building exercise is higher than the price at which Anchor Investors have been allocated Equity Shares, Anchor Investors would be required to bring in the additional amount.
We request you to make the abovementioned information public by disclosing the same on your website.
Yours sincerely,
Tata Steel Limited
Sd/-
A Anjeneyan
Company Secretary and Chief of Compliance