Newspaper Advertisement - Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Awaiting price reaction for this filing.
Tata Steel Limited has published newspaper advertisements in five publications (The Free Press Journal, The Indian Express, Financial Express, Loksatta, and Navshakti) on June 10, 2025, to notify shareholders about its 118th Annual General Meeting. The AGM will be held on Wednesday, July 2, 2025, at 3:00 p.m. IST via Video Conferencing/Other Audio-Visual Means, with NSDL facilitating the e-voting process. Remote e-voting will be open from June 28, 2025 (9:00 a.m.) to July 1, 2025 (5:00 p.m.), with June 25, 2025 set as the cut-off date. The Board has recommended a dividend of ₹3.60 per equity share (360%) for FY 2024-25, with the record date fixed as June 6, 2025. If approved at the AGM, the dividend will be paid from July 4, 2025, after TDS deduction.
This is a routine procedural filing giving shareholders the information needed to attend and vote at the upcoming AGM, where they will also approve the proposed FY25 dividend. The 360% dividend payout is a key positive for income-focused shareholders, subject to AGM approval.