TAYO ROLLS LTD. - Outcome of Committee Meeting

Tayo Rolls Ltd has informed BSE that the Committee of the Board of Directors of the Company at their meeting held on March 07, 2015 have allotted 5,00,000 (five lakhs only) 8.50% non-cumulative Redeemable Preference Shares of Rs. 100/- (Rupees one hundred only) each to Tata Steel Limited on Preferential basis.