Tata Chemicals Limited has completed the voluntary strike-off and dissolution of two wholly owned UK subsidiaries, marking a strategic move to simplify its group holding structure. The dissolution of Cheshire Salt Holdings Limited and New Cheshire Salt Works Limited became effective on April 14, 2026, following their applications for voluntary strike-off through Companies House, UK.

Corporate Structure Simplification

The company informed stock exchanges that both entities have ceased to be wholly-owned subsidiaries following their dissolution. According to the regulatory filing, these changes will result in simplification of the group holding structure without any change in the ultimate ownership of the company over its UK holding and operating subsidiaries.

Financial Impact Assessment

Both dissolved entities were non-operational companies, ensuring minimal financial impact on the parent company's operations. The key financial details are outlined below:

Regulatory Compliance

The announcement was made pursuant to Regulations 30 and 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details as required under SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Key Transaction Details

Since the entities were indirect subsidiaries and non-operational, several standard transaction parameters were not applicable:

• No sale agreement was entered into as this was a voluntary dissolution
• No buyers were involved in the process
• The transaction does not fall within related party transactions
• The dissolution is not part of any scheme of arrangement

Strategic Implications

The voluntary strike-off represents Tata Chemicals' ongoing efforts to streamline its corporate structure by eliminating non-operational entities. This move is expected to reduce administrative overhead while maintaining the company's operational capabilities and ownership structure in the UK market. The dissolution process was completed through proper regulatory channels, ensuring compliance with both Indian and UK corporate regulations.

Tata Chemicals Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended March 31, 2026. The certificate was submitted on April 6, 2026, to both Central Depository Services (India) Limited and National Securities Depository Limited.

Regulatory Compliance Details

The certificate confirms that the company has furnished all required details of securities dematerialized and rematerialized during the quarter to all stock exchanges where its shares are listed. This filing ensures compliance with SEBI's depository regulations governing the electronic holding and transfer of securities.

Depositories and Stock Exchanges Notified

The certificate was submitted to key market infrastructure institutions to ensure comprehensive compliance across all trading platforms where Tata Chemicals shares are available for trading.

Digital Authentication

The certificate bears the digital signature of Company Secretary Jeraz E. Mahernosh, providing electronic authentication and ensuring the document's integrity. The digital signature was applied on April 6, 2026, at 16:57:26 hours, maintaining the required security standards for regulatory submissions.

This quarterly filing represents part of Tata Chemicals' ongoing commitment to regulatory compliance and transparency in securities market operations. The timely submission ensures adherence to SEBI's framework for monitoring dematerialization activities across listed companies.