Tata Steel : Notice to (i) secured creditors, (ii) unsecured creditors and (iii) unsecured debenture holders of Tata Steel Limited

February 19, 2021

The Secretary, Listing Department BSE Limited,

The Manager, Listing Department,

Phiroze Jeejeebhoy Towers, Dalai Street,

National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1,

Mumbai - 400 001. Maharashtra, India.

G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.

Maharashtra, India.

Scrip Code: 500470/890144

Symbol: TATASTEEL/TATASTLPP

Dear Madam, Sirs,

Subject: Notice to (i) secured creditors, (ii) unsecured creditors and (iii) unsecured debenture holders of Tata Steel Limited pursuant to the directions of the Hon'ble National Company Law Tribunal, Mumbai Bench, in the matter of Composite Scheme of Amalgamation of Bamnipal Steel Limited and Tata Steel BSL Limited (formerly known as Bhushan Steel Limited) into and with Tata Steel Limited ('Company')

In accordance with the order dated February 20, 2020 passed in the Company Scheme Application No. 3083/MB/2019 and orders dated January 11, 2021, January 19, 2021 and February 5, 2021 passed in the Company Application No. 1056/2020 (collectively 'Order') by the Hon'ble National Company Law Tribunal, Mumbai Bench, please find enclosed the requisite Notice under Section 230(3) of the Companies Act, 2013 being sent electronically to (i) the secured creditors of the Company; (ii) unsecured creditors of the Company and (iii) unsecured debenture holders of the Company (collectively 'Creditors'). The Notice is being sent to the Creditors having outstanding amount of ₹10,00,000/- (Rupees Ten Lakh) or more as on September 30, 2020 whose e-mail addresses are registered with the Company.

The above announcement is also being made available on the website of the Companywww.tatasteel.com

This disclosure is being made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.

This is for your information and records.

Yours faithfully,

Tata Steel Limited

Parvatheesam Kanchinadham Company Secretary &

Chief Legal Officer (Corporate & Compliance)

Encl: As above

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

Tel [phone] Fax [phone] Websitewww.tatasteel.com

Corporate Identity Number L27100MH1907PLC000260

STEEL LIMITED

Corporate Identification No. (CIN): L27100MH1907PLC000260 Registered Office: Bombay House, 24, Homi Mody Street, Fort, Mumbai 400 001 Tel: [phone] E-mail:[e-mail] Website: www.tatasteel.com

BEFORE THE NATIONAL COMPANY LAW TRIBUNAL, BENCH, AT MUMBAI

CA (CAA) 3083/MB/2019

In the matter of the Companies Act, 2013;

And

In the matter of Sections 230 - 232 of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016;

And

In the matter of Composite Scheme of Amalgamation of Bamnipal Steel Limited and Tata Steel BSL Limited (formerly known as Bhushan Steel Limited) into and with Tata Steel Limited.

Tata Steel Limited [CIN: L27100MH1907PLC000260], a company ) incorporated under the Indian Companies Act, 1882 and a public ) limited company within the meaning of the Companies Act, 2013, ) having its registered office at Bombay House, 24, Homi Mody Street, )

Fort, Mumbai 400001, Maharashtra

) …Applicant Company 1/ Transferee Company

To,

The Secured Creditors of Tata Steel Limited

NOTICE SEEKING REPRESENTATIONS, IF ANY, ON THE COMPOSITE SCHEME OF AMALGAMATION OF BAMNIPAL STEEL LIMITED

AND TATA STEEL BSL LIMITED (FORMERLY KNOWN AS BHUSHAN STEEL LIMITED) INTO AND WITH TATA STEEL LIMITED

TAKE NOTICE THAT an Application under Sections 230 to 232 of the Companies Act, 2013 ('Act') read with the Companies (Compromises, Arrangements and Amalgamation) Rules, 2016 ('Rules') was presented before the Hon'ble National Company Law Tribunal, Mumbai Bench ('Hon'ble Tribunal') for sanctioning the Composite Scheme of Amalgamation of Bamnipal Steel Limited ('Transferor Company 1') and Tata Steel BSL Limited (formerly known as Bhushan Steel Limited) ('Transferor Company 2') into and with Tata Steel Limited ('Transferee Company') ('Scheme').

The Hon'ble Tribunal has, by order dated February 20, 2020 passed in the captioned Company Scheme Application No. 3083/MB/2019 and orders dated January 11, 2021, January 19, 2021 and February 5, 2021 passed in the Company Application No. 1056/2020 (collectively referred as 'Order'), held that the meeting of the secured creditors of the Transferee Company is not required to be convened and inter alia, directed the Transferee Company to issue a notice to all its Secured Creditors (having outstanding amount of ₹10,00,000 and more) as on September 30, 2020 with a direction that they may submit their representations in relation to the Scheme, if any, to the Hon'ble Tribunal.

NOTICE is thus hereby given to you as a secured creditor of the Transferee Company as on September 30, 2020, pursuant to the Order of the Tribunal.

Copies of the Scheme and the Notice of Meeting of the Equity Shareholders along with the Explanatory Statement are enclosed. The complete Notice along with the Annexures thereto can be accessed on the website of the Transferee Company athttps://www.tatasteel.com/investors/amalgamation/ and on the relevant section of the website of BSE Limited ('BSE') and National Stock Exchange of India Limited ('NSE') atwww.bseindia.com and www.nseindia.com respectively or you may write an e-mail [e-mail].

If you are desirous of making any representations, in connection with the Scheme, you may do so by filing it with the Hon'ble Tribunal at 4th Floor, MTNL Exchange Building, near G.D. Somani Memorial School, G.D. Somani Marg, Cuffe Parade, Mumbai 400 005 and simultaneously serve a copy of such representations upon the Transferee Company within a period of thirty (30) days from the date of receipt of this Notice.

We would also like to take this opportunity to inform you that the liability to Secured Creditors of the Transferee Company, is neither being reduced nor being extinguished and as such, there is no impact of the proposed Scheme on the Secured Creditors.

Thanking You.

Yours faithfully, Tata Steel Limited

Sd/-

Parvatheesam Kanchinadham Company Secretary &

Chief Legal Officer (Corporate & Compliance)

February 19, 2021

Mumbai

Encl.: As Above

STEEL LIMITED

Corporate Identification No. (CIN): L27100MH1907PLC000260 Registered Office: Bombay House, 24, Homi Mody Street, Fort, Mumbai 400 001 Tel: [phone] E-mail:[e-mail] Website: www.tatasteel.com

BEFORE THE NATIONAL COMPANY LAW TRIBUNAL, BENCH, AT MUMBAI

CA (CAA) 3083/MB/2019

In the matter of the Companies Act, 2013;

And

In the matter of Sections 230 - 232 of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016;

And

In the matter of Composite Scheme of Amalgamation of Bamnipal Steel Limited and Tata Steel BSL Limited (formerly known as Bhushan Steel Limited) into and with Tata Steel Limited.

Tata Steel Limited [CIN: L27100MH1907PLC000260], a company ) incorporated under the Indian Companies Act, 1882 and a public ) limited company within the meaning of the Companies Act, 2013, ) having its registered office at Bombay House, 24, Homi Mody Street, )

Fort, Mumbai 400001, Maharashtra

) …Applicant Company 1/ Transferee Company

To,

The Unsecured Creditors of Tata Steel Limited

NOTICE SEEKING REPRESENTATIONS, IF ANY, ON THE COMPOSITE SCHEME OF AMALGAMATION OF BAMNIPAL STEEL LIMITED

AND TATA STEEL BSL LIMITED (FORMERLY KNOWN AS BHUSHAN STEEL LIMITED) INTO AND WITH TATA STEEL LIMITED

TAKE NOTICE THAT an Application under Sections 230 to 232 of the Companies Act, 2013 ('Act') read with the Companies (Compromises, Arrangements and Amalgamation) Rules, 2016 ('Rules') was presented before the Hon'ble National Company Law Tribunal, Mumbai Bench ('Hon'ble Tribunal') for sanctioning the Composite Scheme of Amalgamation of Bamnipal Steel Limited ('Transferor Company 1') and Tata Steel BSL Limited (formerly known as Bhushan Steel Limited) ('Transferor Company 2') into and with Tata Steel Limited ('Transferee Company') ('Scheme').

The Hon'ble Tribunal has, by order dated February 20, 2020 passed in the captioned Company Scheme Application No. 3083/MB/2019 and orders dated January 11, 2021, January 19, 2021 and February 5, 2021 passed in the Company Application No. 1056/2020 (collectively referred as 'Order'), held that the meeting of the unsecured creditors of the Transferee Company is not required to be convened and inter alia, directed the Transferee Company to issue a notice to all its Unsecured Creditors (having outstanding amount of ₹10,00,000 and more) as on September 30, 2020 with a direction that they may submit their representations in relation to the Scheme, if any, to the Hon'ble Tribunal.

NOTICE is thus hereby given to you as an unsecured creditor of the Transferee Company as on September 30, 2020, pursuant to the Order of the Hon'ble Tribunal.