TRF Postal Ballot: ₹314 Cr RPT with Tata Steel Approved

Board & Shareholder Meetings View source PDF

TRF · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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₹236.00

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AI summary

TRF Limited shareholders approved two material related party transactions via postal ballot. Resolution 1: RPT with Tata Steel Limited up to ₹314 crore for FY2026-27 (purchase/sale of goods, services). Resolution 2: RPT with Tata Steel Utilities & Infrastructure Services Ltd up to ₹15.61 crore. Both passed with 99.02% in favor and 0.98% against. Promoter group is interested. Voting period: May 15 – June 13, 2026.

Likely market impact

Both RPTs approved, enabling TRF to continue business with Tata Steel group for FY2026-27. Very low dissent (~1%) signals strong shareholder support.