Signing of Asset Transfer agreement

March 30, 2022

London Stock Exchange

London

Dear Madam, Sirs,

Sub: Signing of Asset Transfer agreement for the acquisition of itemized assets from Stork Ferro and Mineral Industries Private Limited

This is to inform you that, Tata Steel Limited ('TSL') has today, i.e. March 30, 2022 executed an Asset Transfer Agreement with Stork Ferro and Mineral Industries Private Limited ('SFML') for acquisition of itemized assets to produce ferro alloys. The relevant details with respect to the above-mentioned acquisition are given in Annexure 1.http://www.rns-pdf.londonstockexchange.com/rns/6388G_1-2022-3-30.pdf

This disclosure is being made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This is for your information and records.