23 Jun 2022 16:44
June 23, 2022
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London Stock Exchange
London
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Dear Madam, Sirs,
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Sub: Completion of acquisition of equity stake in Rohit Ferro-Tech Limited by Tata Steel Mining Limited, a wholly-owned subsidiary of Tata Steel Limited
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This has reference to our disclosure dated June 15, 2022, regarding the acquisition of 10% equity stake held by the Financial Creditors ('FCs') in Rohit Ferro-Tech Limited ('RFT') by Tata Steel Mining Limited ('TSML'), for an amount aggregating to approximately ₹20.06 crore (hereinafter referred to as the 'Transaction').
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This is to inform you that, TSML has yesterday, i.e., June 22, 2022, completed the Transaction.
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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.