Tata Steel Long Products : Preference Shares

TSLPL/SE/2021-22/124
March 30, 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, March 7, 2022 and March 17, 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 30, 2022 approved and allotted the second Tranche of 1,17,00,00,000 - 0.01% NCRPS having face value of ₹100/- each for cash consideration, aggregating to ₹11,700 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 [phone] Fax 278129 [e-mail]

CIN L27102OR1982PLC001091