November 23, 2022 | |
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, Bandra (E), |
Mumbai - 400 001. | Mumbai - 400 051. |
Maharashtra, India. | Maharashtra, India. |
Scrip Code: 500470/890144* | Symbol: TATASTEEL/TATASTLPP* |
Dear Madam, Sir(s),
Appointment of Director
Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors ('Board') of Tata Steel Limited ('the Company') has today, i.e. November 23, 2022, unanimously approved the appointment of Ms. Bharti Gupta Ramola (DIN: 00356188) as an Additional Director (Non-Executive, Independent) effective November 25, 2022 and to hold office as an Independent Director, for a term of 5 years effective November 25, 2022 through November 24, 2027, subject to the approval of the shareholders of the Company.
Further, Ms. Ramola has also been appointed as a member of the Audit Committee and Safety, Health and Environment Committee of the Company effective same date.
There are no inter-se relations between Ms. Ramola and the other members of the Board. Further, Ms. Ramola is not debarred from holding the office of Director by virtue of any Order passed by the Securities and Exchange Board of India or any other such authority.
The details in respect of Ms. Bharti Gupta Ramola are enclosed herewith in Annexure A.
The above announcement is also being made available on the website of the Company www.tatasteel.com
This disclosure is being submitted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This is for your information and records.
Yours faithfully,
Tata Steel Limited
PARVATHEESAM
KANCHINADHAM
Digitally signed by PARVATHEESAM KANCHINADHAM DN: cn=PARVATHEESAM KANCHINADHAM c=IN l=BANGALORE o=Personal e=P.KANCHI@TATASTEEL.COM Reason: I am the author of this document
Location:
Date: 2022-11-23 16:56+05:30
Parvatheesam Kanchinadham
Company Secretary &
Chief Legal Officer (Corporate & Compliance)
Encl: As above
*Securities in scrip code 890144 and symbol TATASTLPP stand suspended from trading effective February 17, 2021.
Registered Office Bombay House 24 Homi Mody Street Fort Mumbai 400 001 India
Tel 91 22 6665 8282 Fax 91 22 6665 7724 Website www.tatasteel.com
Corporate Identity Number L27100MH1907PLC000260
Annexure A
Details pertaining to the appointment of Ms. Bharti Gupta Ramola as an Additional Director (Non-Executive, Independent) of Tata Steel Limited are given below:
SN | Particulars | Details |
1 | Reason for change viz. | Appointed as Additional Director |
appointment, etc. | (Non-Executive, Independent) | |
Ms. Bharti Gupta Ramola has been appointed as an | ||
Additional Director (Non-Executive, Independent) | ||
2 | Date of appointment & | effective November 25, 2022, and to hold office as an |
term of appointment | Independent Director for a term of 5 years effective | |
November 25, 2022 through November 24, 2027, subject | ||
to the approval of the Shareholders of the Company. | ||
Ms. Bharti Gupta Ramola is an independent director on | ||
the Boards of HDFC Life Insurance Company Ltd. and | ||
SRF Limited. She serves on the governing body of Lady | ||
Shriram College, the Board of Villgro Innovations | ||
Foundation, the GP advisory Board of Unitus Impact fund | ||
and the Advisory Council of Transforming Rural India | ||
Foundation (a Tata Trust initiative). | ||
Ms. Ramola was a partner at PwC from 1992 through | ||
2017. In the last 5 years of her career at PwC, she was | ||
3 | Brief Profile | on the firm's management team in India while holding |
responsibility for the marketing and brand of the firm. She | ||
was a part of the founding teams of many advisory | ||
businesses including corporate finance, project finance, | ||
change management, infrastructure, government and | ||
utilities, and sustainability for PwC in India. She was the | ||
first woman and first non-Chartered Accountant to be | ||
admitted to a partnership among professional firms in | ||
India. She has worked extensively on financial sector | ||
policy and the first public-private partnerships in Indian | ||
infrastructure. She also led PwC's work on climate | ||
change and carbon transactions. | ||
She has been featured in multiple publications celebrating women, the latest being the book Thirty Women in Power, edited by Naina Lal Kidwai.
Ms. Ramola started her career in 1981 with ICICI and worked with the Nehru Foundation for development in their environmental education division for two years before joining PwC. Her work in financial sector policy inspired her to co-promote the Basix Group of social enterprises in 1996 to focus on rural livelihoods and microfinance. She served on various Basix entity boards as non-executive director.
Ms. Ramola holds a postgraduate diploma in management from the Indian Institute of Management, Ahmedabad, and a bachelor's degree (Hons.) in Physics from St. Stephen's College, University of Delhi.
4 | Disclosure of relationships | There are no inter-se relations between Ms. Ramola and |
between directors | the other members of the Board. | |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Tata Steel Ltd. published this content on 23 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2022 12:24:03 UTC.