14 Sep 2022 17:49
September 14, 2022
London Stock Exchange
London
Dear Sir, Madam,
Sub: Result of Postal Ballot by remote e-voting process
This is further to our disclosure dated August 11, 2022, enclosing the copy of Postal Ballot Notice ('Notice') for seeking approval of the Members of Tata Steel Limited ('the Company') on the following resolutions:
SN | Description of the Ordinary Resolution(s) |
1. | Omnibus Material Related Party Transaction(s) with Neelachal Ispat Nigam Limited - Operational Transaction(s) |
2. | One time Material Related Party Transaction(s) with Neelachal Ispat Nigam Limited - Financial Transaction(s) |
3. | Omnibus Material Related Party Transaction(s) between T S Global Procurement Company Pte. Ltd., an indirect wholly-owned subsidiary of Tata Steel Limited and Neelachal Ispat Nigam Limited, an indirect subsidiary of Tata Steel Limited |
4. | Omnibus Material Related Party Transaction(s) between Tata Steel Limited and Tata Metaliks Limited - Financial Transaction |
Pursuant to the provisions of Section 110 of the Companies Act, 2013, read with related Rules, as amended, the Company conducted the Postal Ballot by remote e-voting process as set out in the Notice.
The remote e-voting process concluded today i.e., Wednesday, September 14, 2022, at5:00 p.m. (IST), post which the Scrutinizer has submitted his report on the results of the Postal Ballot. Based on the report of the scrutinizer, we hereby inform that, the Members of the Company have duly passed the above Resolutions with requisite majority.
Pursuant to Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we are enclosing herewith the details of the voting results (Annexure A) and the Report of the Scrutinizer (Annexure B).
The voting results and the Report of the Scrutinizer are being made available on the website of the Company www.tatasteel.com and on website of National Securities Depository Limited www.evoting.nsdl.com
This is for your information and records.
Thanking you.
http://www.rns-pdf.londonstockexchange.com/rns/5066Z_1-2022-9-14.pdf
Tata Steel (TTST)