Others

Tata Steel Bsl Ltd - Announcement under Regulation 30 (LODR)-Allotment

| Updated on March 22, 2019 Published on March 22, 2019


This has reference to our letters dated January 9, 2019, February 11, 2019 and March 11, 2019 respectively with respect to issuance of Optionally Convertible Redeemable Preference Shares on private placement basis.

In this connection, we wish to inform you that the Committee of Directors has today approved allotment of 670,00,00,000 - 8.89% Optionally Convertible Redeemable Preference Shares having face value of Rs. 10/- each for cash aggregating to Rs. 6,700 crore to Tata Steel Limited (OCRPS Series I) on private placement basis, on terms and conditions as approved by Board/Committee of the Board.

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

You are requested to kindly take the above information on your record(s).

Pdf Link: Tata Steel Bsl Ltd - Announcement under Regulation 30 (LODR)-Allotment

Source : BSE - www.bseindia.com

Published on March 22, 2019
This article is closed for comments.
Please Email the Editor