Tata Steel approves conversion of 56.02 lakh partly paid-up equity shares

Tata Steel approved the conversion of 56,02,985 partly paidup equity shares of face value Rs 10 each (Rs 2.504 paid-up) into fully paid-up equity shares of face value Rs 10 each on which the first and final call money of Rs 461/- per share (comprising face value of Rs 7.496 per share and securities premium of Rs 453.504 per share) has been received.

The converted shares will rank pari passu with the existing fully paid-up equity shares and shall be available to trade under the ISIN INE081A01012, subject to completion of necessary corporate actions and receipt of listing and trading approvals.

The period for payment of the first and final call money pursuant to the second Reminder-cum-Forfeiture Notice will be between 05 July 2021 through 19 July 2021.

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