15th-Jun-2012 18:56Source: BSE

Tata Steel - Open Offer to the Shareholders of Tinplate Company of India

Tata Steel Ltd has informed BSE regarding Public Announcement for Voluntary Open Offer ("Offer") for acquisition of upto 14,653,470 equity shares of face value of Rs. 10 each ("Equity Shares") at a price of Rs. 60 per share ("Offer Price") from the shareholders of Tinplate Company of India Ltd ("Target Company") constituting 14% of the equity share capital of the Target Company by Tata Steel Ltd ("Acquirer"), Pursuant to and in compliance with Regulation 6(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, and subsequent amendments thereto.

ICICI Securities Ltd ("Manager the Open Offer")