Tata Steel Limited has issued newspaper advertisements regarding the opening of a special window for transfer of shares in physical form, following recent SEBI guidelines that provide investors with renewed opportunities to complete previously rejected share transfer requests.

Official Disclosure and Documentation

The company published advertisements in two newspapers on April 15, 2026, as part of its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made through an official letter (Ref No. SEC/131/2026-27) signed by Parvatheesam Kanchinadham, Company Secretary and Chief Legal Officer.

This disclosure relates to the proposed transfer of shares pursuant to SEBI circular no. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026, dated January 30, 2026, which allows the opening of a special window for lodgement/re-lodgement of transfer of shares in physical form.

Share Transfer Window Details

The SEBI circular provides a one-year period for facilitating share transfers and dematerialization, offering investors who had previously submitted transfer requests that were rejected due to technical deficiencies another opportunity to complete their transactions.

Eligibility and Requirements

Investors eligible for this facility include those who had submitted transfer requests prior to April 1, 2019, but faced rejection due to technical issues, and who received back their original documents along with transfer deeds or had deficiencies corrected. However, certain categories remain ineligible:

• Shares already transferred to IEPF
• Cases with disputes between transferor and transferee
• Cases where original share certificates are not available

Documentation and Process

Investors seeking to utilize this facility must submit specific documents to the company's Registrar and Share Transfer Agent. Required documentation includes original share certificates, transfer deeds executed before April 1, 2019, and other supporting documents as specified in the guidelines.

The company has emphasized that shares lodged/re-lodged for transfer will be issued only in dematerialized form and will remain under lock-in for one year from the date of registration of transfer. This aligns with SEBI's broader initiative to promote dematerialization and enhance investor protection in the securities market.

The Competition Commission of India (CCI) is reportedly conducting an investigation into Tata Steel and JSW Steel for alleged violations of anti-trust regulations, according to market sources. This probe represents part of a wider investigation into suspected price-fixing activities among India's largest steelmakers.

Regulatory Investigation Details

The investigation focuses on potential anti-competitive practices within the Indian steel sector. The CCI's probe specifically examines whether the companies engaged in activities that violate competition laws and regulations governing fair market practices.

Industry Impact

The investigation targets some of India's biggest steelmakers, indicating the significant scope of the regulatory scrutiny. This development could have implications for competitive practices across the Indian steel industry, as regulators examine potential market manipulation and pricing coordination among major players.

The probe underscores the CCI's commitment to maintaining fair competition in critical industrial sectors and ensuring compliance with anti-trust regulations that protect market integrity and consumer interests.