Tata Steel Limited at its board meeting held on May 29, 2024, recommended a dividend of INR 3.60 per Ordinary (Equity) Share of face value INR 1 each (360%) to the shareholders of the Company for the financial year ended March 31, 2024. The dividend recommended by the Board of Directors of the Company is subject to the approval of the shareholders at the upcoming Annual General Meeting (AGM) of the Company scheduled to be held on July 15, 2024. The dividend, if approved by the shareholders at the AGM, will be paid, subject to deduction of applicable tax at source, on and from July 19, 2024.

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has fixed June 21, 2024, as the Record Date for determining the Members entitled to receive the dividend for the financial year ended March 31, 2024.