Mumbai, June 11: Tata Iron and Steel Company Ltd's board has approved voluntary delisting of its ordinary shares from Delhi, Calcutta, Pune, Cochin, Uttar Pradesh, Magadh (Patna) and Ahmedabad stock exchanges, subject to shareholders' approval. The delisting, which was approved by the company's board on May 29 last, is pursuant to Securities and Exchange Board of India (Delisting of Securities) Guidelines, 2003, Tata Steel informed the National Stock Exchange (NSE) here today.

Tata Steel would obtain shareholders' approval by way of a special resolution to be adopted at its annual general meeting, scheduled to be held on July 23, it added.
However, the company's ordinary shares will continue to be listed on the Bombay and National Stock Exchanges, it informed the exchange. Bureau Report