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17 Mar 2026
Tata Steel Limited has issued a public notice regarding the proposed issuance of duplicate securities, following regulatory requirements under the Securities and Exchange Board of India (SEBI) guidelines. The company published this disclosure on March 17, 2026, in compliance with mandatory listing obligations.
Regulatory Compliance and Disclosure
The steel major filed the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published a newspaper advertisement in Financial Express (All editions) on March 17, 2026, regarding the proposed issue of duplicate securities.
Parameter Details Reference Number SEC/2108/2025-26 Publication Date March 17, 2026 Newspaper Financial Express (All editions) SEBI Circular Reference HO/38/13/11(3)2025-MIRSD-POD/I/1102/2025 Circular Date December 24, 2025
Lost Securities Notice
The company has issued a specific notice regarding lost share certificates, providing shareholders with necessary information about the duplicate issuance process. The notice addresses securities that have been reported as lost or misplaced by shareholders.
Details Information Folio Number S1M0405120 Shareholder Names Manika Bhandary, Gopal Chandra Bhandary Security Type Equity shares of Rs.1/- each Number of Securities 5,460 Distinctive Numbers 34873991 - 34879450
Claims and Objection Process
Tata Steel has established a structured process for handling any claims related to the lost securities. The company has provided a specific timeframe for stakeholders to raise objections or claims regarding the securities in question.
Shareholders or any interested parties who have claims regarding the lost securities must lodge such claims with the company at its registered office within 15 days from the notice date. After this period, the company will proceed to issue duplicate certificates without further intimation.
Corporate Information
The notice was signed by Parvatheesam Kanchinadham, Company Secretary and Chief Legal Officer of Tata Steel Limited. The company maintains its registered office at Bombay House, 24 Homi Mody Street, Fort, Mumbai - 400 001, with Corporate Identification Number L27100MH1907PLC000260.
The complete information regarding this disclosure is also available on the company's official website at www.tatasteel.com , ensuring transparency and accessibility for all stakeholders.
Tata Steel 's board has approved a comprehensive set of strategic decisions that will reshape the company's operational structure and investment approach. The board meeting held on March 17, 2026, sanctioned multiple initiatives demonstrating commitment to expansion and diversification across business segments.
Strategic Merger Approval
The board has approved the Scheme of Amalgamation between Neelachal Ispat Nigam Limited and Tata Steel Limited under Sections 230 to 232 of the Companies Act, 2013. This merger consolidates NINL, a wholly owned subsidiary, into the parent company to create operational efficiencies and business synergies.
Merger Details: Specifications Transferor Company: Neelachal Ispat Nigam Limited (NINL) Transferee Company: Tata Steel Limited Legal Framework: Companies Act 2013, Sections 230-232 Implementation: Subject to regulatory approvals
The merger will consolidate long products assets under a single entity, simplify the corporate structure, and eliminate administrative duplications. NINL operates an integrated steel plant in Kalinganagar, Odisha, with crude steel production capacity of 0.98 million tons per annum.
Major Investment Initiative
Tata Steel has outlined an ambitious investment plan for T Steel Holdings Pte. Ltd., with the board approving equity subscription of up to USD 2.00 billion. The investment program is scheduled to commence from FY2026-27 onwards in multiple tranches.
Investment Details: Specifications Investment Amount: Up to USD 2.00 billion (~₹18,488.10 crore) Target Entity: T Steel Holdings Pte. Ltd. (TSHP) Commencement Period: FY2026-27 onwards Purpose: Overseas business operations and debt repayment
The fund infusion will support overseas subsidiaries for business operations, including capex and restructuring costs, and for repayment of existing debt. TSHP will continue as a wholly owned foreign subsidiary post-transaction.
Healthcare Sector Investment
The board approved the acquisition of securities in Medica TS Hospital Private Limited for ₹1.49 crore from Manipal Hospitals Eastern India Private Limited. This transaction will make Medica TS Hospital a wholly owned subsidiary of Tata Steel.
Healthcare Investment: Details Target Company: Medica TS Hospital Private Limited Investment Amount: ₹1.49 crore Equity Shares: 7,40,000 shares (49.00% stake) Preference Shares: 2,30,05,182 OCRPS (31.85% stake) Post-acquisition Stake: 100.00% ownership
The hospital operates as the only multi-speciality facility in Kalinganagar with 100-bed capacity, serving Tata Steel employees, contract workers, and the local community.
Financial Performance Data
As of March 31, 2025, the financial metrics show significant scale differences between the entities:
Company: Net Assets (₹ crore) Revenue from Operations (₹ crore) Tata Steel: 1,26,731.94 1,32,516.66 NINL: (2,365.81) 5,701.06
Board Meeting Timeline
The board meeting commenced at 2:00 p.m. (IST) and concluded at 5:15 p.m. (IST) on March 17, 2026. All disclosures have been made in compliance with Regulation 30, 51 and other applicable provisions of the SEBI Listing Regulations.
Strategic Implications
These board decisions reflect Tata Steel's multi-pronged growth strategy. The NINL merger strengthens core steel operations through enhanced resource integration and operational synergies. The USD 2.00 billion investment in TSHP demonstrates confidence in overseas expansion plans, while the healthcare acquisition diversifies the portfolio beyond traditional steel manufacturing, showcasing strategic expansion into essential services for industrial communities.
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