Tata Steel Ltd.

Tata Steel has informed about updates in the matter of the Scheme of Amalgamation amongst Tata Steel and the Tinplate Company of India and their respective shareholders. In terms of the Scheme of Amalgamation, the Board has approved Friday, January 19, 2024, as the Record Date for the purpose of determining the shareholders of TCIL who shall be entitled to receive fully paid-up ordinary equity shares of the Company in the share exchange ratio as per the Scheme of Amalgamation. The Board of Directors of the Company, have approved the issuance of 8,64,92,993 fully paid-up ordinary equity shares of ?1 each, in the ratio of 33 fully paid-up ordinary equity shares of Tata Steel Limited of face value ?1 each for every 10 fully paid-up ordinary equity shares of TCIL of face value ?10 each, to the eligible shareholders of TCIL as on the Record Date as mentioned above.

The above information is a part of company’s filings submitted to BSE.