TATA CHEMICALS LTD. - Updates

Tata Chemicals Ltd has informed BSE that this has reference to the intimation made by the Company's subsidiary, Rallis India Limited ('Rallis), informing that the Board of Directors of Rallis has approved the increase in the stake in Metahelix Life Sciences Ltd. (Metahelix), subsidiary of Rallis, from 80.51% to 100%. Consequently, Metahelix will become a wholly owned subsidiary of Rallis on completion of the acquisition of the balance shares in Metahelix.<BR><BR>A copy of the intimation letter from Rallis to the stock exchange in this regard is enclosed.