TSLPL/SE/2021-22/122 | |
March 17, 2022 | |
The Secretary, Listing Department | The Manager - Listing Department |
BSE Limited | National Stock Exchange of India Limited |
Phiroze Jeejeebhoy Towers | "Exchange Plaza", 5th Floor, Plot No. C/1, |
Dalal Street | G Block, Bandra-Kurla Complex, |
Mumbai 400 001 | Bandra (East), Mumbai 400 051 |
Scrip Code: 513010 | Symbol: TATASTLLP |
Dear Madam, Sir, |
Sub: Allotment of Non-Convertible Redeemable Preference Shares to Tata Steel Limited on Private Placement basis
This has reference to our disclosures dated February 10, 2022 and March 7, 2022 with respect to issuance of Non-Convertible Redeemable Preference Shares ('NCRPS') on private placement basis to Tata Steel Limited.
In this connection, we wish to inform you that the Committee of Directors of the Company has today, i.e. March 17, 2022 approved and allotted the first Tranche of 10,00,00,000 - 0.01% NCRPS having face value of ₹100/- each for cash consideration, aggregating to ₹1,000 crore to Tata Steel Limited on private placement basis, on terms and conditions as approved by the Board of Directors. The NCRPS will be unlisted.
This disclosure is made in terms of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
This is for your information and records.
Thanking you.
Yours faithfully,
For Tata Steel Long Products Limited
Sankar Bhattacharya
Company Secretary and Compliance Officer
(Formerly Tata Sponge Iron Limited)
PO Joda Dist Keonjhar Odisha 758 034 India
Tel 91 6767 278178 Fax 278129 Email info@tatasteellp.com
CIN L27102OR1982PLC001091
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Tata Steel Long Products Ltd. published this content on 17 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2022 16:50:24 UTC.