TSL completes acquiring 51% equity stake in CPDPL

September 18, 2018

Dear Madam, Sirs,

Sub: Tata Steel Limited completes the acquisition of 51% equity stake in Creative Port Development Private Limited ("CPDPL")

This has reference to our earlier disclosure dated January 25, 2017 with respect to execution of definitive agreement for development of Subarnarekha Port & acquisition of 51% equity shares of CPDPL.

This is to inform you that the Company has today concluded the acquisition of 51% equity stake in CPDPL.

This disclosure is made in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

This is for your information and records.

Thanking you.