Press Release Dec 10 2025

Ref: SEC/1342/2025-26 December 10, 2025 Sub: Outcome of Board meeting of Tata Steel Limited The Board at its meeting held today, i.e., Wednesday, December 10, 2025, considered and approved the acquisition of 50.01% equity stake in Thriveni Pellets Private Limited (‘TPPL’) from Thriveni Earthmovers Private Limited (‘TEMPL’), for a consideration of up to ₹636 crore. Further, please find enclosed a p