12 Apr 2022 11:57
April 12, 2022
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London Stock Exchange
London
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Dear Madam, Sirs,
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Sub: Acquisition of entire stake held by Steel Authority of India Limited in S&T Mining Company Limited
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This has reference to our disclosure dated April 6, 2022 regarding execution of a Share Purchase Agreement with Steel Authority of India Limited ('SAIL') for acquisition of the entire equity stake of SAIL (50%) held in S&T Mining Company Limited ('S&T Mining').
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This is to inform you that, the Company has yesterday, i.e. April 11, 2022, completed the acquisition of the entire equity stake held by SAIL in S&T Mining.
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This disclosure is being made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
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This is for your information and records.Â
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