Countries in which we operate (2.5)
India, USA, Sri Lanka, Thailand, Vietnam, Singapore, China, Australia, Malaysia, Indonesia, Philippines, Vietnam and Iran.
Nature of Ownership (Legal Form) (2.6)
Tata Steel is a Public Limited Company, headquartered at Mumbai, Maharashtra, India. Its stock is listed and traded on stock exchanges located at Mumbai and Kolkata. Global Depository Receipts (GDR) issued by the company in the international market have been listed on the Luxembourg Stock Exchange. The details of shareholding are given in Table 2.3, 2.4 & 2.5.

Table 2.3 : Details of Shareholding

Number of Ordinary Shares Held

Number of Shareholders

31.03.2006 (%)

31.03.2005 (%)

1 to 100 52.30 50.22
101 to 500 38.14 39.79
501 to 1000 5.18 5.34
1001 to 10000 4.13 4.35
Over 10000 0.25 0.30
  100.00 100.00
 

Table 2.4 : Category of Shareholders

Category

Number of
Shareholders
Voting Strength (%) Number of Ordinary
Shares Held
31.03.06 31.03.05 31.03.06 31.03.05 31.03.06 31.03.05
Individuals 5,34,053 567,214 25.19 28.30 139,441,726 156,627,404
Unit Trust of India 1 1 0.01 0.35 41,333 1,912,384
Life Insurance Corporation of India 1 1 11.88 11.59 65,753,593 64,139,375
Govt. & Other Public Financial Institutions 14 63 5.65 6.39 31,297,858 35,401,473
Tata Group Companies 15 14 26.81 26.56 148,391,636 147,009,416
Companies 5711 6535 4.84 6.48 26,796,068 35,881,412
Nationalized Banks, Mutual Funds & Trusts 377 331 3.17 4.97 17,518,404 27,503,656
Foreign Institutional Investors 264 210 22.45 15.36 124,232,238 84,997,736
TOTAL 5,40,436 574,369 100.00 100.00 553,472,856 553,472,856

 Table 2.5 : Top Ten Shareholders

S.N. Name of the Shareholder No. of shares held % of holding
1 Tata Sons Limited 110893040 20.04
2 Life Insurance Corporation of India 65753593 11.88
3 Tata Motors Limited 25806729 4.66
4 HSBC Global Investment Funds A/c HSBC
Global Investment Funds Mauritius Ltd.
18872545 3.41
5 Janus Overseas Fund 12191285 2.20
6 Genesis India Investment Company Limited
A/c General Sub Fund
11191500 2.02
7 The New India Assurance Company Limited 10166937 1.84
8 Janus Contrarian Fund 7661452 1.38
9 National Insurance Company Limited 7253450 1.31
10 The Oriental Insurance Company Limited 6463967 1.17