TML: 4357: 2022
The Secretary, Listing Department BSE Limited
Phiroze Jeejeebhoy Towers, Dalal Street,
Mumbai - 400 001.
Maharashtra, India.
Scrip Code: 513434
Dear Madam, Sirs,
Date: September 15, 2022
The Manager, Listing Department National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1,
G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.
Maharashtra, India
Symbol: TATAMETALI
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
We hereby enclose the Press Release titled "Tata Metaliks Limited - Ductile Iron Pipe Plant #2 inaugurated".
The disclosure is being made in compliance with Regulation 30(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This is for your information and record.
Yours faithfully,
Tata Metaliks Limited
AVISHEK GHOSH
Digitally signed by
AVISHEK GHOSH Date: 2022.09.15 16:36:11 +05'30'
CompanyAvishek GhoshSecretary and Compliance Officer
Encl.: as above
METALIKS LIMITED
Tata Centre 43 J. L. Nehru Road Kolkata 700 071 India
Tel 91 33 6613 4200 Fax 91 33 2288 4372 e-mail: tml@tatametaliks.co.in
CIN L27310WB1990PLC050000
Tata Metaliks Limited - Ductile Iron Pipe Plant #2 inaugurated
Kolkata, Sep 15, 2022: Ms Mamata Banerjee, Hon'ble Chief Minister of West Bengal today inaugurated Phase-I of expansion project of Ductile Iron (DI) Pipe plant of Tata Metaliks Limited at Kharagpur. This Rs 600 crore expansion project will take Company's Ductile Iron Pipe plant capacity to over 4 lakh tonnes per annum in two phases.
The new plant is one of the most advanced DI Pipe plants with high levels of automation & robotics to make the operations safe and efficient. This new plant will help the company expand its product range and enhance its presence in the fast-growing water infrastructure space that is witnessing a major thrust by the Govt of India through its Jal Jeevan Mission scheme.
Besides supplying superior quality Pig Iron and Ductile Iron Pipes in domestic and internal markets for several years now, the Company, as a responsible corporate citizen, has been carrying out various community welfare initiatives mainly in Kharagpur in the villages close to its plant. Two of its flagship Welfare projects include (a) TML 300 Schools Project - to enhance access and quality of education to children in the age of 3 to 16 years covering approx. 300 villages with the goal of making the community child labour free and (b) Jal Se Jeevan - Build water conservation & harvesting structures besides providing toilets and drinking water to 25 villages. This will also lead to the Company being one of the first in the iron & steel industry to become water positive. Tata Metaliks also runs a Skill Development Centre at Midnapore to train ~700 youths annually to make them employable.
Disclaimer
Statements in this press release describing the Company's performance may be "forward looking statements" within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company's operations include, among others, economic conditions affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/or other incidental factors.
For media enquiries contact:
Rajesh Mishra Tel: +91 9831107788; email: rajesh.mishra@tatametaliks.co.in
METALIKS LIMITED
Tata Centre 43 J. L. Nehru Road Kolkata 700 071 India
Tel 91 33 6613 4200 Fax 91 33 2288 4372 e-mail: tml@tatametaliks.co.in
CIN L27310WB1990PLC050000
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Tata Metaliks Ltd. published this content on 15 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2022 12:19:05 UTC.