Tata Steel Limited has fixed Friday, June 12, 2026, as the record date to determine shareholder eligibility for a dividend of ₹4 per Ordinary Share of face value ₹1 each (400%) for the financial year ended March 31, 2026. The dividend, if declared at the Annual General Meeting scheduled for July 2, 2026, will be paid on and from July 6, 2026, only through electronic mode.

Annual General Meeting Details

The 119th Annual General Meeting of the company will be held on Thursday, July 2, 2026, at 10:30 a.m. (IST) through Video Conferencing or Other Audio-Visual Means. Members can attend and participate only through this facility. The remote e-voting period commences on Sunday, June 28, 2026, at 9:00 a.m. (IST) and concludes on Wednesday, July 1, 2026, at 5:00 p.m. (IST). The facility is being provided by National Securities Depository Limited.

Tax Deduction and Compliance

Dividend income is taxable in the hands of shareholders under the Income Tax Act, 2025. The company will deduct tax at source (TDS) at applicable rates. Resident Individuals with a valid PAN face a 10% rate if the dividend does not exceed ₹10,000 or Form 121 - Part A is submitted. Non-resident shareholders face a 20% withholding rate unless a valid Tax Residency Certificate and other documents are provided to claim benefits under Double Tax Avoidance Agreements.

Shareholders must update their tax residential status, PAN, and other details with their depository participants or the Registrar and Transfer Agent before the record date. Documents for TDS claims must be submitted by June 12, 2026.

Financial Performance

For the financial year ended March 31, 2026, Tata Steel reported a consolidated net profit of ₹10,895.82 crore, a significant increase from ₹3,173.78 crore in the previous year. Total revenue from operations for FY26 stood at ₹2,32,139.94 crore. In the quarter ended March 31, 2026 (Q4FY26), the company posted a net profit of ₹2,965 crore on revenue of ₹63,270.13 crore.

Corporate Actions

The Board has approved the acquisition of a 23% equity stake in TM International Logistics Limited (TMILL) from IQ Martrade Holding Und Management GmbH for ₹335 crore, increasing Tata Steel's holding to 74%.

Tata Steel Limited will host an analyst and institutional investor meeting on June 2, 2026, in Mumbai. The meeting is part of the Bank of Americas India Conference 2026 and will facilitate one-to-one and group interactions with investors.

The disclosure was made in accordance with Regulation 30, Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The schedule is subject to change due to exigencies on the part of the fund, broking house, analyst, or the company.

Meeting Details

Parvatheesam Kanchinadham, Company Secretary and Chief Legal Officer of Tata Steel Limited, signed the intimation on May 27, 2026.