The Tata Steel Ltd. logo sits on a sign outside the company. (Photographer: Simon Dawson/Bloomberg)
Tata Steel Ltd. will consider a proposal to split equity shares of the company on May 3.
The board of directors will "consider a proposal for sub-division of the equity shares of the company having a face value of Rs 10 each, subject to regulatory/statutory approvals," according to an exchange filing.
The steel major will also announce its quarterly earnings for Q4 and recommend dividend, if any, for the financial year.