Tata Steel : Summary of Proceedings and Voting Results of the 113th Annual General Meeting ('AGM')

	fr.
	TATA
	August 20, 2020
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, Sandra (E),
Mumbai - 400 001.	Mumbai - 400 051 .
Maharashtra, India.	Maharashtra, India. ·
Scrip Code: 500470/890144	Symbol: TATASTEEL/TATASTLPP
Dear Madam, Sirs,

Sub: Summary of Proceedings and Voting Results of the 113th Annual General Meeting ('AGM') of Tata Steel Limited ('the Company')

In terms of the General Circular No. 20/ 2020 dated May 5, 2020 read with General Circular No. 14/ 2020 dated April 8, 2020 and General Circular No. 17/2020 dated April 13, 2020 issued by the Ministry of Corporate Affairs (together referred to as MCA Circulars) and the SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated May 12, 2020 (referred to as SEBI Circular) and in compliance with other applicable provisions of the Companies Act, 2013 ('Act') and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), the 113th AGM of the Company was held on Thursday, August 20, 2020 at 3.00 p.m. (IST) through two-way Video Conference ('VC')/Other Audio Visual Means ('OAVM') to transact the business as stated in the AGM Notice dated June 29, 2020 ('Notice'). All the items of business contained in the Notice were transacted and passed by the Members with requisite majority. The Company also facilitated the live webcast of the proceedings.

In this regard, please find enclosed the following:

1. Summary of the proceedings of the AGM of the Company as required under Regulation 30 read with Part A of Schedule 1 1 1 of the Listing Regulations, as amended - Annexure A
2. Combined voting results of remote e-voting and e-voting conducted during the AGM, in relation to the business transacted at the AGM, as required under Regulation 44(3) of the Listing Regulations, as amended - Annexure B

3) The Scrutinizer's Report dated August 20, 2020, pursuant to Section 108 of the Act, read with Rule 20 of the Companies (Management and Administration) Rules, 2014, each as amended - Annexure C

The AGM concluded at 7.37 p.m. (IST).

TATA STEEL LIMITED

Registered Office Bombay House 24 Horru Mody Street Fort Mumbai 400 001 India

Tel [phone] Fax [phone] website www.tatasteel.com

Corporate Identity Number L27100MH1907PLC000260

G

TATA

The voting results along with the Scrutinizer's Report is available on the Company's website at www.tatasteel.com and is also being made available on the website of the National Securities Depository Limited at www.evoting.nsdl.com.

This is for your information and records.

Thanking you.

Yours faithfully,

Tata Steel Limited

��Ill�

Parvatheesam Kanchinadham

Company Secretary &

Chief Legal Officer (Corporate & Compliance)

Encl: As above

TATA STEEL LIMITED

G

TATA

ANNEXURE A

Summary of proceedings of the 113th Annual General Meeting ('AGM/Meeting')

The 113 1 h AGM of the Members of Tata Steel Limited ('the Company') was held on Thursday, August 20, 2020 at 3.00 p.m. (IST) through two-way Video Conferencing ('VC')/Other Audio-Visual Means ('OAVM'). The Meeting was conducted in accordance with the circulars issued by the Ministry of Corporate Affairs ('MCA') and the Securities and Exchange Board of India ('SEBI').

Mr. Parvatheesam Kanchinadham, Company Secretary & Chief Legal Officer (Corporate & Compliance), welcomed the Members to the Meeting and briefed them on details relating to their participation at the Meeting through audio visual means.

Mr. Natarajan Chandrasekaran, Chairman of the Board, chaired the Meeting. The Chairman welcomed the shareholders to the Meeting and on requisite quorum being present, called the Meeting to order.

All the Directors of the Company were present at the Meeting through VC from their respective locations. The Chairman welcomed the Directors and requested them to introduce themselves to the Members. He then welcomed the Union representatives of the Company, who were attending the Meeting through VC.

The Chairman informed the Members that, representatives of Price Waterhouse & Co. Chartered Accountants LLP, Statutory Auditors and M/s. Parikh & Associates, Secretarial Auditors and Scrutinizers for the remote e-voting and the e-voting during the proceedings of the AGM, were also present at the Meeting through VC.

The Chairman then informed the Members that, the proceedings of the Meeting were also being webcast and could be viewed live by Members by logging in to NSDL website. The Company had taken the requisite steps to enable Members to participate and vote on the items being considered at this AGM.

The details of authorized representations received from corporate shareholders were informed to the Members. Since there was no physical attendance of Members and in compliance with the Circulars issued by the MCA and SEBI, Members were informed that the requirement of appointing proxies was not applicable. Further, the Registers as required under the Companies Act, 2013 were available for inspection in electronic mode, should any Member request for the same.

TATA STEEL LIMITED

Registered Office Bombay House 24 Homi Mody Street Fort Mumbai 400 001 India

Tel [phone] Fax [phone] website www.tatasteel.com

Corporate Identity Number L27100MH1907PLC000260

G

TATA

With the consent of the Members present, the Notice convening the AGM and the Auditor's Report for the year ended March 3 1 , 2020 were taken as read. There were no qualifications, observations or adverse remarks in the Statutory and Secretarial Auditor's Reports.

The Chairman then made his opening remarks with respect to macro-economic environment & steel industry, Company's performance, strategic directions and future outlook.

Mr. T.V. Narendran, Chief Executive Officer & Managing Director of the Company made a presentation on the operational and financial performance of the Company for the Financial Year 2019-20.

In terms of the Notice dated June 29, 2020 convening the 113 1 h AGM of the Company, the following business were transacted at the Meeting through remote e-voting. All Resolutions were Ordinary Resolutions.

1 ) Adoption of Audited Standalone Financial Statements for the Financial Year ended March 3 1 , 2020 and the reports of the Board of Directors and Auditors thereon.

1. 1. Adoption of Audited Consolidated Financial Statements for the Financial Year ended March 3 1 , 2020 and the report of the Auditors thereon.
   2. Declaration of Dividend for the Financial Year 2019-20 as given below:
   3. 1. ,10/- per fully paid-up Ordinary (equity) Share of face value ,10/- each;
      2. ,2.504/- per partly paid-up Ordinary (equity) Share of face value ,101- each (paid-up ,2.504 per share).
2. Appointment of a Director in place of N. Chandrasekaran (DIN:00121863) who retires by rotation and being eligible, seeks re-appointment.
3. Ratification of the remuneration of Messrs Shame & Banerjee, Cost Auditors of the Company.
4. Commission to Non-Executive Directors of the Company.

Members present at the Meeting were given an opportunity to ask questions and seek clarification(s). The Chairman appropriately responded to the questions raised.

TATA STEEL LIMITED

fr.

TATA

Post the question and answer session, the Chairman authorized Mr. Parvatheesam Kanchinadham to carry out the e-voting process and conclude the Meeting. The Chairman further informed the Members that the consolidated voting results will be disseminated to the Stock Exchanges on which the Company's shares are listed and will also be made available on the website of the Company at www.tatasteel.com and the National Securities Depository Limited at [e-mail] within 48 hours of the conclusion of the Meeting.

The Chairman then thanked the Members for their continued support and for attending and participating in the Meeting. He also thanked the Directors for joining the Meeting virtually. The e-voting facility was kept open for the next 1 5 minutes to enable the Members to cast their vote. Upon completion of the e-voting process Mr. Kanchinadham declared the Meeting closed.

Post the conclusion of the remote e-voting, the Scrutinizers' report was received.

All the Resolutions have been passed with requisite majority.

This is for your information and records.

Thanking you.

Yours faithfully,

Tata Steel Limited

�Ml�--. .

Parvatheesam Kanchinadham

Company Secretary &

Chief Legal Officer (Corporate & Compliance)

TATA STEEL LIMITED

.,.
TATA
	ANNEXURE B
113th Annual General Meeting Voting Results
Date of the Annual General Meeting	August 20, 2020
Total number of shareholders on record date
(August 13, 2020)
Holders of Fully paid-up Ordinary shares	9,45,059
Holders of Partly paid-up Ordinary shares	1,83,433

No. of Shareholders present in the meeting either in person or through proxy

Promoter and Promoter Group

Public

No arrangement for a physical meeting or appointment of proxy was made as the Meeting was held through VC/OAVM

No. of Shareholders attended	the meeting through Video Conferencing
Promoter and Promoter Group	8
Public	615

Tata Steel Limited

���

Parvatheesam Kanchinadham

Company Secretary &

Chief Legal Officer (Corporate & Compliance)

TATA STEEL LIMITED

Registered Office Bombay House 24 Homi Mody Street Fort Mumbai 400 001 India

Tel [phone] Fax [phone] website www.tatasteel.com

Corporate Identity Number L27100MH1907PLC000260

Resolution No. 1

Resolution requ ired : (Ordinary I Soeclall

Whether promoter/ promoter group are interested in the agenda/resolution?

Description of Resolution considered

TATA STEEL LIMITED

Ordlnarv

No

Consider and adopt the Audited Standalone Financial Statements for the Financial Year ended March 31, 2020 and the Reports of the Board of Directors and Auditors thereon

S.No.

Category

Mode of Voting

Total No. of	Total No. of Votes
Shares Held	on Shares Held

[1)

[2)

%ofVotes

No. of votes Polled on

polled outstanding shares

1. [4)=[(3)1(2))*1
   00

No. of Votes - In	No. of Votes -
favour	against

1. [6]

% of Votes in	% of Votes
favour on	against on
votes polled	votes polled
[7]=[(5)/(3)]*1	[8)=[(6)/(3))*1
00	00

Invalid Votes

[9)

• of votes invalid on

votes polled

[10]=[(9)/(3))"

100

Promoll!r and Promoter

• Group•

• Public-Institutions

• Public- Non-Institutions

Total (A+B+C)

Whether resolution Is Passed or Not

E-Votina Poll

Postal Ballot (if_app[cable ) Total

E-Volina Poll

Postal Ballot (if applicable) Total

E-Volina Poll

Postal Ballot (if applicable l Total

41,43,58,657	38,51,67,238
51,02,29,104	50,44,97,403

27,95,39,238 25,62,66,315

1,20,41,26,999 1.14.59,30.956

38,39,82.907	99.69
Cl	0.00
0	0.00
38.39 82.907	99.69
38.48.92.646	76.29
Cl	0.00
0	0.00
38 48 92 64Ei	76.29
1.19,67.97EI	4.67
0	0.00
0	0.00
119,67.979	4.67
78,08,43,532	68.14

38.39.82.907	0
0	0
0	0
38 39 ,82.907	0
38,47 ,58.761	1,33.885
0	0
Cl	0
38,47 ,58.761	1 33.885
1.19,61.284	6.695
0	0
0	0
1 1 9 61 284	6.695
78,07,02,952	1 40.580

100.00	0.00
0.00	0.00
0.00	0.00
100.00	0.00
99.97	0.03
0.00	0.00
0.00	o.oo
99.97	0.03:
99.94	0.06
0.00	0.00
0.00	0.00
99.94	0.00
99.98	0.02:

ClCl

0 0

• Cl
• 0

Cl 0

00

ClCl

• Cl
• 0
• 0
• 0
• 0
• (l

Yes

*Rujuvalika Investments Limited (a wholly owned subsidiary company), holding 11,68,393 Ordinary (equity) Shares refrained from voting as these shares do not carry any voting rights.

Resolution No. 2

Resolu tion re<>ulred: (Ordlnarv I Soeclall

Whether promoter/ promoter group are Interested In the agenda/resolution?

Description of Resolution considered

TATA STEEL LIMITED

0rdlnarv No

Consider and adopt the Audited Consolidated Financial Statements for the Financial Year ended March 31, 2020 and the Report of the Auditors thereon

S.No.	Category	Mode of Voting
		E-Voting
A	Promoter and Promoter Group	Poll
		Postal Ballot (if applicable)
		Total
		E-Votina
8	Public • Institutional holders	Poll
Postal Ballot (if aoolicablel
		Total
		E-Voting
c	Public-Others	Poll
Postal Ballot (if appucabte)
		Total
Total (A+B+C)
Whether	resolution Is Passed or Not

Total No. of	Total No. of Votes
Shares Held	on Shares Held

1. [2]
   41,43,58,657 38,51,67,238

51,02,29, 104

50,44,97,403

27,95,39,238 25,62,66,315

1,20,41,26,999 1, 14,59,30,95&

No. of votes polled

[3]

38.39.82.907

0

0

38.39.82.907

38,48,92.,646

0

0

38,48,92.646

1 . 19.67 ,757

Cl

a

1.19.67,757

711,08,43,310

• of Votes Polled on

outstandln

• shares
  [4]=[(3)/(2)]'
  100
  99.691
  0.00
  0.00
  99.69
  76.29
  0.001
  0.00I
  7629
  4.67

0.00

o.oo

4.67

68.14,

No. of Votes • In	No. of Votes •
favour	against

1. [6)

38 ,39 ,82,907'	0
0	0
0	0
38.39,82,907 '	a
38.47.58.761	1.33,885
0	0
o	a
38 ,4 7_58-761	1.33.88ei
1,19,61,676	6.081
0	a
0	0
1, 19,61,676,	6,081
78,07,03,344	1,39,966

• of Votes % of Votes

In favour	against on
on votes	votes
coiled	oolled

[7J=[(5)/(3)) ' [8]=[(6)/(3))*

100 100

100.00 0.00

O.OCI 0.00

0.00 0.00

100.00 0.00

99.97 0.03

0.00 0.00

0.00 o.oo

99.97 0.03

99.95 0.05

0.00 0.00

0.00 0.00

99.95 0.05

99.98 0.02

Invalid Votes

[9]

	% of votes
	Invalid on
	votes polled
	[10)=[(9)/(3))*1
	00
0	01
0	01
0	0
0	0
0	()
0	o
0	01
0	o
0	0
a	()
a	0
0	0
(!	0

Yes

*Rujuvalika Investments Limited (a wholly owned subsidiary company), holding 11,68,393 Ordinary (equity) Shares refrained from voting as these shares do not carry any voting rights.

Resolutlon	No. 3
Resolution	reQu lred: (Ordlnarv I Spec:lal)
Whether promoter/ promoter group are Interested In the
aaenda/resolutlon?
Desc:rlptlon	of Resolution considered

TATA STEEL LIMITED

Ordinary

No

Declaration of Dividend on fully paid-up and partly paid-up Equity (Ordinary) Shares for Financial Year 2019-20

S.No.

Category

Mode of Voting

Total No. of	Total No. of Votes
Shares Held	on Shares Held

No. of votes

polled

• of Votes Polled on

outstandln "shares

No. of Votes - In	No. of Votes -
favour	against

% of Votes	% of Votes
In favour	against on
on votes	votes
polled	polled

% of votes

Invalid Votes Invalid on votes polled

			E-Voting
A	Promoter	and Promoter Group	Poll
Postal Ballot (if applicable)
			Total
			E-Volina
B	Public - Institutional holders	Poll
Postal Ballot (if aoolicablel
			Total
			E-Voting
c	Public-Others	Poll
Postal Ballot Of aoolicablel
			Total
Total (A+B+C)
Whether resolution	Is Passed or Not

1. [2)
   41.43,58,657 38,51,67,238

51,02,29,104 50,44,97,403

27,95,39,238 25,62,66,315

1,20,41,26,999 1, 14,59,30,956

[3)

38.39.82.907

0

0 38.39.82.907

40 87,68.968

0

0

40.87 ,68,9681

1.19,68.262

a

CJ

1.19,68.262

80,47,20,137

[4}=[(3)/(2)]*

100

99.69

0.00

0.00

99.651

81.02

0.00

0.00

81.02

4.6i',

0.00

0.00

4.67

70.22

1. [6]

38,39,82.907	0
0	0
a	0
38 39.82.907	0
40.86.35.083	1.33.885
a	0
0	0
40,86,35,083	1,33.885
1 ,19,64,659	3,603
0	0
0	0
1 ,19,64,65fl	3,603
80 45 82,649	1,37 488

[7)=[(5)/(3)]* [8]=[(6)/(3))*'

100 100

100.00 0.00

1. 0.00

1. 0.00

100.00 0,00

99.97 O.OJ

o.oo 0.00 o.oo 0.00

1. 0.031

1. 0.03
   0.001 O.OCI
   0.00 O.OCI
   99_97 0.03
2. 0.02

[9]

0

0

0

0

Cl

0

a

0

a

Cl

Cl

0

Cl

[10]=[(9)/(3))*

100

0

o

0

0

Cl

0

a

0

OI

o

01

o

0

Yes

*Rujuvalika Investments Limited (a wholly owned subsidiary company), holding 11,68,393 Ordinary (equity) Shares refrained from

voting as these shares do not carry any voting rig hts.

TATA STEEL LIMITED

Resolution No. 4

Resolutlon required: (Ordinary I Special)

Whether promoter/ promoter group are Interested in the aaenda/resolution?

Description of Resolution considered

Ordinarv

No

Appointment of a Director in place of Mr. N. Chandrasekaran (DIN: 00121863), who retires by rotation and being eligible, seeks re-appointment.

S.No.

Category

Mode of Voting

E-Votfna

• Promoter and Promoter Group PostalPoll Ballot (if applicable) Total
  E-Votina

B	Public - Institutional holders	Poll
Postal Ballot (if applicable)
		Total
		E-Votina
c	Public-Others	Poll
Postal Ballet (If applicable)
		Total
Total (A+B+C)
Whether	(esolutlon is Passed or Nol

Total No. of	Total No. of Votes
Shares Held	on Shares Held
[11	[2]

41,43,58,657 38,51,67,238

51,02,29, 104

50,44,97,403

27,95,39,238 25,62,66,315

1,20,41,26,999 1,14,59,30,966

No. of votes

polled

[3]

38.39.82.907"

QI

o,

38.39,82,907

40.85,92.651

QI

(l

40.85,92.651

1 . 19 .67 .5481

OI

o

1,19,61.54.81

80,46,43,106

• of Votes Polled on

outstandin

• shares
  [4]=[(3)/(2)]
  •100
  99.69
  0.00
  0.00
  99.69
  80.99
  0.00
  0.00
  80.99
  4.67
  0.00
  0.00
  4..67
  70.21

No. of Votes - In	No. of Votes -
favour	against

1. [6]

38,39.82,907	01
0	0
0	0
38.39.82,907	0
39.47.89.39(1	1.38.03.261
0	01
0	Cl
39.47.89.390	1.38,03.261
1.19.57.120	10.42131
0	a
0	0
1.19,57,120	10,428
79,07,29,417	1,38,13,689

%of Votes	% of Votes
in favour	against on
on votes	votes
polled	polled

[7f=[(5)/(3)] [8]=[(6)/(3)]

•100 ·100

100.00 o.oo

0.00 0.00

0.00 0.00

1. O.OCl

1. 3.381

1. 0.001

1. O.OCI

1. 3.38

99,91	0.09
0.00	O.OCI
0.00	0.00
99.91	0.09

98.28 1.72

Invalid Votes

[9]

0

0

0

a

Cl

Cl

Cl

a a

Cl

0

0

0

• of votes invalid on
  votes
  polled

[10]={(9)/(3)) •100 o

()

Cl

Ci

Cl

0

o

Ci

Cl

0

0

o

0

Yea,

•Rujuvalika Investments Limited (a wholly owned subsidiary com pany), holding 11,68,393 Ordinary (equ ity) Shares refrained from voting as these shares do not carry any voting rights.

Resolution No. 5

Resolution required: (Ordinary I Special)

Whether promoter/ promoter group are interested in the agenda/resolution?

Description of Resolution considered

TATA STEEL LIMITED

Ordinary

No

Ratification of the remuneration of Messrs Shome & Banerjee. Cost Auditors of the Company

S.No.

Category

Mode of Voting

		E-Votina
A	Promoter and Promoter Group	Poll
Postal Ballot (if applicable)
		Total
		E-Votina
B	Public - Institutional holders	Poll
Postal Ballot (if aonlicable)
		Total
		E-Votina
c	Public-Others	Poll

Postal Ballot (if applicable )

Total

Total (A+B+C)

Whether resolution is Passed or Not

Total No. of	Total No. of Votes
Shares Held	on Shares Held

1. [2]
   41,43,58,657 38,51,67,238

51,02,29,104 50,44,97,403

27,95,39,238 25,62,66,315

1,20,41,26,999 1, 14,59,30,956

No. of votes

polled

[3]

38.39,82,907

0

a

38.39.82.907

40,87.25,288

0

0

40,87.25,288

1.19.67.472

0

0

1,1967,472

80,46,75.667

• of Votes Polled on

outstandin g shares

[4]=[(3)/(2))

*100

99.691

0.00

0.00

99.691

81.02

0.00

0.00

81.02

4.67

o.oo

0.00

4.67

70.22

No. of Votes -	No. of Votes -
in favour	against

1. [6]

38.39.82.907	0
0	0
0	0
38,39,82,907	0
40,87.25,288	0
0	0
a	o
40,87.25.288	0
1 19,53,837	13.635
0	0
0	0
1 . 19.53.837	13,635
80,46,62 032	13,635

• of Votes in favour on votes
  polled

[7]=[(5)/(3))

*100

100.0dl 0.00 0.00 100.001 100.001 0.00 0.00 100.00 99.89 0.00

0.00

99.89

100.00

• of Votes against on
  votes polled

[8]=[(6)/(3))

*100o.oo

o.oc

0.00

0.00

0.00

0.00

0.00

0.00

0.11

o.oo

0.00

0 . 11

0.00

%of

votes Invalid Votes invalid

on votes polled

1. [10]=[(9)
   /13}1*100

0	0
o	0
0	0
0	0
0	a
0	0
0	0
0	0
0	0
0	0
0	0
0	a
0	o

Yes

*Rujuvalika Investments Limited (a wholly owned subsidiary company), holding 11,68,393 Ordinary (equity) Shares refrained from voting as these shares do not carry any voting rights.

	TATA STEEL LIMITED
Resolution No. 6
Resolution reauired: IOrdinarv I Soeciall	Grdinarv
Whether promoter/ promoter group are interested in the	No
Description of Resolution considered	Commission to Non-Executive Directors of the Company

						% of Votes			% of Votes	% of Votes	% of
				Total No. of				votes
			Total No. of	No. of votes	Polled on	No. of Votes -	No. of Votes -	in favour	against on
S.No.	Category	Mode of Voting	Votes on	Invalid Votes invalid
			Shares Held	Shares Held	polled	outstandin	in favour	against	on votes	votes	on votes,
					g shares			polled	polled
								polled

			[1]	[2]	[3]	[4]=[(3)/(2))	[5]
			*100
		E-Votina			38,39,82.907	99.69	38,39,82.907
A	Promoter and Promoter Group	Poll	41,43,58,657	38,51,67,238	0	0.00	0
Postal Ballot (if applicable )	0	0.00	0
		Total			38,39,82.907	99.69	38 39 82,907
		E-Votina			40.87.25.288	81.02	33.33,67.352
B	Public - Institutional holders	Poll	51,02,29,104	50,44,97,403	0	0.00	a
Postal Ballot (if aoolicablel	0	0.00	a
		Total			40,87,25.288	81.02	33.33.67.352
		E-Voting			1.19,66.789	4.61	1.19.07,731
c	Public-Others	Poll	27,95,39,238	25,62,66,315	0	0.00	0
Postal Ballot (if applicable)	0	0.00	0
		Total			1.19.66. 7851	4.67	1.19.07.731
Total (A+B+C)		1,20,41,26,999	1, 14.59.30,956	80.46.74.984	70.22'	72,92,57,990
Whether resolution is Passed or Not

*Rujuvalika Investments Limited (a wholly owned subsidiary company), holding 11,68,393 Ordinary (equity) Shares refrained from voting as these shares do not carry

[6]	[7]=[(5)/(3))	[8]=[(6)/(3))	[9]	[10)=[(9)
·100	*100	/(31*100
0	100.00	0.00	0	0
0	0.00	0.00	0	0
0	0.00	0.00	0	Cl
0	100.00	0,00	0	0
7,53.57,936	81.56	18.44	0	Cl
0	0.00	0.00	0	0
0	0.00	0.00	0	Cl
7,53.57.936	81.56	18.44	0	a
59.058	99.51	0.49	0	0
0	0.00	0.00	0	0
0	0.00	o.oo	0	a
59,058	99.51	0.491	0	a
7 ,54.16.994	90.63	9.37	0	a

Yes

any voting rig hts.

PARIKH & ASSOCIATES COMPANY SECRETARIES

Office

1 1 1 , 1 1 t hFloor,	Sai-Dwar CHS Ltd
Sab TV Lane,	Opp Laxmi Industrial	Estate,

Off Link Road, Above Shabari Restaurant, Andheri (W), Mumbai : 400053

Tel No 26301232 / 26301233 / 26301240 Email : [e-mail]

[e-mail]

To,

The Chairman

Tata Steel Limited

Bombay House,

24, Homi Mody Street,

Fort, Mumbai 400001

Dear Sir,

Sub: Consolidated Scrutinizer's Report on remote e-voting conducted prior to the 113th Annual General Meeting ('AGM') of Tata Steel Limited held on Thursday, August 20, 2020 at 3.00 p.m. (IST) through video conferencing ('VC') I other audio visual means ('OAVM') and remote e-voting conducted during the AGM, pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended by the Companies (Management and Administration) Amendment Rules, 2015 and Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations')

I, P. N. Parikh of M/s Parikh & Associates, Practising Company Secretaries, was appointed as the Scrutinizer by the Board of Directors of Tata Steel Limited ('the Company') pursuant to Section 108 of the Companies Act, 2013 ('the Act') read with Rule 20 of the Companies (Management and Administration) Rules, 2014, each as amended, to conduct the remote e-voting process in respect of the below mentioned resolutions proposed at the 113lh AGM of the Company held today, i.e., Thursday, August 20, 2020 at 3.00 p.m. (IST) through VC/ OAVM.

I am also appointed as the Scrutinizer to scrutinize the remote e-voting process during the AGM.

The AGM Notice dated June 29, 2020, as confirmed by the Company, was sent to the Shareholders in respect of the below mentioned resolutions passed at the AGM of the Company through electronic mode to those Members whose email addresses are registered with the Company/ Depositories. The emails were sent in compliance with the MCA Circular No. 20/ 2020 dated May 5, 2020 read with Circulars 14/ 2020 dated April 8, 2020 and 17/2020 dated April 13, 2020 (collectively referred to as 'MCA Circulars') and SEBI Circular No. SEBI/HO/CFD /CMDl/CIR/P /2020/79 dated May 12, 2020.

1

Parikh & Associates

Continuation Sheet

The Company had availed thee-voting facility offered by National Securities Depository Limited ('NSDL') for conducting remote e-voting by the Shareholders of the Company before the AGM.

The voting period for remote e-voting commenced on Sunday, August 16, 2020 at 9.00 a.m. (IST) and ended on Wednesday, August 19, 2020 at 5.00 p.m. (IST) and the NSDL e-voting platform was disabled thereafter.

The Company had also provided e-voting facility of NSDL to the Shareholders present at the AGM through VC, who had not cast their vote earlier.

The Shareholders of the Company holding shares as on the 'cut-off' date of Thursday, August 13, 2020 were entitled to vote on the resolutions forming part of the Notice of the AGM.

After the closure of e-voting at the AGM, the report on remote e-voting done during the AGM and the votes cast under remote e-voting facility prior to the AGM were unblocked and counted diligently.

I have scrutinized and reviewed the remote e-voting prior to the AGM and during the AGM and votes cast therein based on the data downloaded from the NSDL e-voting system.

The Management of the Company is responsible to ensure compliance with the requirements of the Act and rules relating to remote e-voting prior to and during the AGM on the resolutions forming part of the Notice of the AGM.

My responsibility as a scrutinizer for the remote e-voting is restricted to making a Scrutinizer's Report of the votes cast in favour or against the resolutions.

I now submit my consolidated Report as under on the result of the remote e-voting conducted prior to the AGM and during the AGM in respect of the said resolutions.

I would like to mention that the voting rights of Members shall be in proportion to their share of the paid-up equity share capital of the Company as on the cut-off date i.e. Thursday, August 13, 2020 and as per the Register of Members of the Company.

2

Parikh & Associates

Continuation Sheet

Resolution 1: Ordinary Resolution

Consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2020, together with the Reports of the Board of Directors and the Auditors thereon.

(i) Voted in favour of the resolution:

Type of Ordinary Share

Fully Paid Ordinary Shares Partly paid Ordinary Shares Total

(ii) Voted against the resolution:

Type of Ordinary Share

Fully Paid Ordinary Shares Partly paid Ordinary Shares Total

1. Invalid votes:

Number	of	Number of valid	% of total number
members voted	votes cast by them	of valid votes cast
	2342	76,94,29,017
	606	1,12,73,935
	2948	78,07,02,952	99.98

Nwnber	of	Nwnber of valid	% of total number
members voted	votes cast by them	of valid votes cast
	38	1,40,119
	15	461
	53	1,40,580	0.02

	Number	of members	Number of invalid
Type of Ordinary Share	voted	whose votes	votes cast by them
	were declared invalid
Fully Paid Ordinary Shares		NIL	NIL
Partly paid Ordinary Shares		NIL	NIL
Total		NIL	NIL

3

Parikh & Associates

Continuation Sheet

Resolution 2: Ordinary Resolution

Consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2020, and the Report of the Auditors thereon.

1. Voted in favour of the resolution:

Type of Ordinary Share	Number	of	Number of valid	% of total number
members voted	votes cast by them	of valid votes cast
Fully Paid Ordinary Shares		2340	76,94,29,410
Partly paid Ordinary Shares		605	1,12,73,934
Total		2945	78,07,03,344	99.98

(ii) Voted against the resolution:

Type of Ordinary Share

Fully Paid Ordinary Shares Partly paid Ordinary Shares

Total

1. Invalid votes:

Type of Ordinary Share

Fully Paid Ordinary Shares Partly paid Ordinary Shares Total

Number	of	Number of valid	% of total number
members voted	votes cast by them	of valid votes cast
	36	1,39,505
	15	461
	51	1,39,966	0.02

Number	of members	Number of invalid
voted	whose votes	votes cast by them
were declared invalid
	NIL	NIL
	NIL	NIL
	NIL	NIL

4

Parikh & Associates

Continuation Sheet

Resolution 3: Ordinary Resolution

Declaration of Dividend on fully paid and partly paid Ordinary Shares for Financial Year 2019-20

(i) Voted in favour of the resolution:

Type of Ordinary Share

Fully Paid Ordinary Shares Partly paid Ordinary Shares

Total

(ii) Voted against the resolution:

Type of Ordinary Share

Fully Paid Ordinary Shares Partly paid Ordinary Shares

Total

Number	of	Number of valid	% of total number
members voted	votes cast by them	of valid votes cast
	2376	79,32,73,273
	609	1,13,09,376
	2985	80,45,82,649	99.98

Number	of	Number of valid	% of total number
members voted	votes cast by them	of valid votes cast
	26	1,37,428
	13	60
	39	1,37,488	0.02

(iii) Invalid votes:
	Number of members voted	Number of invalid
Type of Ordinary Share	whose votes were declared	votes cast by them
	invalid
Fully Paid Ordinary Shares	NIL	NIL
Partly paid Ordinary Shares	NIL	NIL
Total	NIL	NIL

5

Parikh & Associates

Continuation Sheet

Resolution 4: Ordinary Resolution

Appointment of a Director in place of Mr. N. Chandrasekaran (DIN: 00121863), who retires by rotation and being eligible, seeks re-appointment.

(i) Voted in favour of the resolution:

Type of Ordinary Share	Number	of	Number	of valid	% of total number
members voted	votes cast by them	of valid votes cast
Fully Paid Ordinary Shares		2260	77,94,53,051
Partly paid Ordinary Shares		595		1,12,76,366
Total		2855	79,07,29,417	98.28
(ii) Voted against the resolution:
Type of Ordinary Share	Number	of	Number	of valid	% of total number
members voted	votes cast by them	of valid votes cast
Fully Paid Ordinary Shares		133		1,37,80,627
Partly paid Ordinary Shares		25		33,062
Total		158		1,38,13,689	1.72
(iii) Invalid votes:
	Number	of members	Number of invalid votes
Type of Ordinary Share	voted whose votes were	cast by them
	declared invalid
Fully Paid Ordinary Shares			NIL		NIL
Partly paid Ordinary Shares			NIL		NIL
Total			NIL		NIL

6

Parikh & Associates

Continuation Sheet

Resolution 5: Ordinary Resolution

Ratification of Remuneration of Messrs Shome & Banerjee, Cost Auditors (Firm Registration Number - 000001) of the Company.

(i) Voted in favour of the resolution:

Type of Ordinary Share	Number	of	Number	of	valid	% of total number
members voted	votes cast by them	of valid votes cast
Fully Paid Ordinary Shares		2289		79,33,53,120
Partly paid Ordinary Shares		593			1,13,08,912
Total			2882		80,46,62,032	100
							(Rounded off)
(ii) Voted against	the resolution:
Type of Ordinary	Share	Number	of	Number	of valid	% of total number
members voted	votes cast by them	of valid votes cast
Fully Paid Ordinary Shares		102			13,114
Partly paid Ordinary Shares		27				521
Total			129			13,635	0.00
(iii) Invalid votes:
		Number	of members	Number	of	invalid
Type of Ordinary Share	voted	whose	votes	votes cast by them
		were declared invalid
Fully Paid Ordinary	Shares			NIL				NIL
Partly paid Ordinary Shares			NIL				NIL
Total				NIL				NIL

7

Parikh & Associates

Continuation Sheet

Resolution 6: Ordinary Resolution

Commission to Non-Executive Directors of the Company.

1. Voted in favour of the resolution:

Type of Ordinary Share	Number	of	Number of valid	% of total number
members voted	votes cast by them	of valid votes cast
Fully Paid Ordinary Shares		1893	71,80,02,136
Partly paid Ordinary Shares		555	1,12,55,854
Total		2448	72,92,57,990	90.63

1. Voted against the resolution:

Type of Ordinary Share	Number	of	Number of	valid	% of total number
members voted	votes cast by them	of valid votes cast
Fully Paid Ordinary Shares		493	7,53,63,892
Partly paid Ordinary Shares		61		53,102
Total				554	7,54,16,994				09.37
(iii) Invalid votes:
Type of Ordinary Share	Number of members voted whose	Number	of	invalid
votes were declared invalid	votes cast by them
Fully Paid Ordinary Shares			NIL					NIL
Partly paid Ordinary Shares			NIL					NIL
Total					NIL					NIL
Yours faithfully,
P N		�..-.i,rN,
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P.N. Parikh
Parikh & Associates
Practising Company Secretaries
FCS: 327 CP No.: 1228
111,lllh Floor, Sai Dwar CHS Ltd
Sab TV Lane, Opp.Laxmi Indl. Estate,
Off Link Road, Above Shabari Restaurant,
Andheri West, Mumbai - 400053			-1 A , ; 1 S i	C..:. L L	L • • • , . , ;_� lJ
Place: Mumbai					�ULfW,.
Dated: August 20, 2020
			(PARVATHEESAM KANCHINADHAM)
				8		COMPANY	SECRETARY	&
				CHIEF LEGAL OFFICER	(CORPORATE	& COMPLIANCE)