Tata Steel : hosts Jamshedpur’s first Classic and Vintage Car & Bike Rally

Jamshedpur, February 27, 2022

~Highlights Tata Steel's commitment towards conserving and nurturing India's Sports, Arts and Culture~

~Vintage vehicles made between 1920s to 1980s participated in the rally~

~ Maiden event showcased 40 vehicles from Ranchi, Chaibasa and Jamshedpur~

Jamshedpur's first-ever Tata Steel Classic and Vintage Car & Bike Rally was organised today with beautiful automobiles lined up at Gopal Maidan. The rally was organised as part of the 183^rd Founder`s Day celebration honouring the vision and memory of the Company's and Tata Group's founder Jamsetji Nusserwanji Tata.

Over 40 vintage and classic cars and bikes dated from 1920s to 1980s participated in the rally with participation from Ranchi, Chaibasa and Jamshedpur. It was a unique opportunity for the owners to display their vehicles in this rally and experience the city on wheels. The rally also included a special participant, Jamshedpur's very own 'Hitodi', a 50cc moped that was manufactured by India Automotives Ltd. in Adityapur in the 1970s.

This unique and first-of-its-kind event in Jamshedpur was flagged off by T V Narendran, Chief Executive Officer & Managing Director, Tata Steel at Gopal Maidan. The event witnessed enthusiastic participation from the citizens of Jamshedpur who gathered in large numbers to see the vintage vehicles.

Addressing the gathering at Gopal Maidan, TV Narendran said: " Vintage vehicles represent history, passion and above all, they are a source of priceless memories and joy. These vehicles that are participating in this rally are also cultural icons in their own right. This is also an opportunity for Tata Steel to honour the owners of these vintage vehicles whose passion for preserving our culture is unique. Sports, arts and culture have always been a way of life in Tata Steel, and we will strive to utilise every opportunity to promote them amongst our stakeholders."

Chanakya Chaudhary, Vice President, Corporate Services, Tata Steel set the context of the event and said, "We are glad to have conceptualized this event and invited the proud owners of vintage vehicles from Eastern region in the first edition of this rally. We hope that this becomes a memorable experience for everyone and gives us a boost to continue organizing this event every year on a larger scale".

The rally ended at United Club with the prize distribution by Dr JJ Irani, Former Managing Director, Tata Sons and Mrs Daisy Irani. Atrayee Sanyal, Vice President, Human Resource Management, Tata Steel also gave away few prizes. Ruchi Narendran was also present as one of the jury members for the event.

Prizes were given in 18 categories including the overall champion prize which was bagged by Gurmukh S Khokhar from Chaibasa who owns Austin 7 of 1933.

Jamshedpur is not only home to connoisseurs of prized vintage cars and bikes but also has a rich cultural history and heritage. The rally is aimed at promoting the richness of Jamshedpur's culture and its history.

The list of winners in few key categories is shared below:

About Tata Steel

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 34 million tonnes per annum. It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world. The group recorded a consolidated turnover of US $21.06 billion in the financial year ending March 31, 2021.

A Great Place to Work-Certified^TM organisation, Tata Steel Ltd., together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 65,000. Tata Steel has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked amongst top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016. Besides being a member of ResponsibleSteel^TM and worldsteel's Climate Action Programme, Tata Steel has won several awards and recognitions including the World Economic Forum's Global Lighthouse recognition for its Jamshedpur, Kalinganagar and IJmuiden Plants, and Prime Minister's Trophy for the best performing integrated steel plant for 2016-17. The Company, ranked as India's most valuable Metals & Mining brand by Brand Finance, featured amongst CII Top 25 innovative Indian Companies in 2021, received Steel Sustainability Champion recognition from worldsteel for four years in a row, 'Most Ethical Company' award 2021 from Ethisphere Institute, RIMS India ERM Award of Distinction 2021, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.

To know more, visit www.tatasteel.comand WeAlsoMakeTomorrow

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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.

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Sarvesh Kumar

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