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RECRUITMENT RACKET BUSTED AT TATA STEEL GATE

Jamshedpur, March 27, 2019

A major Recruitment racket was busted yesterday at the Tata Steel Visitor Gate Pass Section at the General Office Gate of Jamshedpur Plant.

It was around noon when the Tata Steel Security personnel got suspicious as regards the behavior of a group of 7 persons at the Visitor Gate Pass Section. On probing, it was found that six of them were carrying Appointment letters on the letterhead having ‘Tata Steel’ written on them but these were all fake. On further probing it was discovered that six persons had paid money to the fraudsters who cheated them by handing over fake appointment letters. One of the fraudsters present at the site was handed over to Bistupur Police Station. Police has filed an FIR, arrested one of the fraudsters and is probing further to bust the entire racket.

It has come to our notice that such incidents are often committed by fraudsters on the pretext of providing jobs in Tata companies in Jamshedpur and Kalinganagar and they dupe the unemployed youth by taking money from them and handing over fake appointment letters.

Tata Steel wishes to bring to the Notice of all concerned that certain fraudsters are misleading and duping unemployed youths by claiming themselves to be the authorized job agency of the Company or employee and taking money from them for issuing fake appointment letters. The Company wishes to clarify that it does not take any money or fees / facilitation charges in lieu of employment and notice to this effect has also been placed on career page of the Company website, “careers.tatasteel.com”.

Speaking about the incident, Mr. Gopal Prasad Choudhary, Chief Security & Brand Protection, Tata Steel, expressed his satisfaction on the fraud being exposed. “I hope that the news of this racket being busted is spread all around so that people remain vigilant and not fall prey to such scams. We have had such rackets busted in Kalinganagar also with the help of the Police and we are working with law enforcement agencies to prevent such scams”, he added.

About Tata Steel
Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 33 million tonnes per annum (MTPA). It is one of the world's most geographically-diversified steel producers, with operations and commercial presence across the world. The Group recorded a consolidated turnover of US $20.41 billion (INR 133,016 crore) in FY18. In 2018, Tata Steel acquired Bhushan Steel Ltd (now renamed as Tata Steel BSL Ltd). Currently, Tata Steel's consolidated India crude steel production capacity stands at 18.6 MnTPA.

A Great Place to Work-CertifiedTM organisation, Tata Steel Ltd., together with its subsidiaries, associates and joint ventures, is spread across five continents with an employee base of over 65,000.

Tata Steel retained Industry Leader position in FY18 and ranked second overall in the DJSI assessment, 2017. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel has won several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, ‘Corporate Strategy Award’ by Mint (2018), Golden Peacock Award for Risk Management 2018 and Best Risk Management Framework & Systems Award 2019 by CNBC TV18. The Company also received the ‘World’s Most Ethical Companies’ award from Ethisphere Institute for the seventh time (2018), Steel Sustainability Champions (2017) by the World Steel Association, Dun & Bradstreet Corporate Awards (2017 & 2018), Golden Peacock HR Excellence Award by Institute of Directors (2017 & 2018) as well as 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

In 2018, the Company launched a corporate brand campaign #WeAlsoMakeTomorrow www.wealsomaketomorrow.com

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Disclaimer
Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.