The Board and Management of Tata Steel are committed to making disclosures at the appropriate time.
With reference to the news appeared ET NOW dated May 19, 2015 captioned "Tata steel in talk to buy visa steel", Tata Steel Ltd has Clarified to BSE as under :
"Tata Steel as part of its business strategy regularly evaluates organic and inorganic growth opportunities across various segments of its operations.
The Board and Management of Tata Steel are committed to making disclosures at the appropriate time. The Company has robust disclosure principles and follows a policy of not commenting on market speculation.
In the instant matter, we clarify that currently there has been no event that requires a disclosure under Clause 36 of the listing agreement."
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