Receipt of certified true copy of the Order

November 2, 2021

Dear Madam, Sirs,

Subject: Receipt of certified true copy of the Order from the Hon'ble National Company Law Tribunal, Mumbai Bench in the matter of the composite scheme of amalgamation of Bamnipal Steel Limited and Tata Steel BSL Limited (formerly Bhushan Steel Limited) into and with Tata Steel Limited ('the Company').

This has reference to our earlier disclosures dated April 25, 2019, March 26, 2021 and October 29, 2021 in connection with the composite scheme of amalgamation of Bamnipal Steel Limited and Tata Steel BSL Limited (formerly Bhushan Steel Limited) into and with Tata Steel Limited ('Scheme of Amalgamation'), under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with the Rules framed thereunder.

The Hon'ble National Company Law Tribunal, Mumbai Bench had pronounced the order on October 29, 2021, approving the aforesaid Scheme of Amalgamation.

This is to inform you that the Company has received the certified true copy of the abovementioned order on November 1, 2021 and the same is enclosed herewith.

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

This is for your information and record.http://www.rns-pdf.londonstockexchange.com/rns/1107R_1-2021-11-2.pdf