
Acquisitions9 April 2026 at 01:31 pm
Tata Steel Ltd Acquires Remaining 0.01% Stake in Tata Steel Colors Private Limited for ₹0.03 Crore
AI Summary
Tata Steel Limited has completed the acquisition of the remaining 10,000 equity shares of face value ₹10/- each in Tata Steel Colors Private Limited (Formerly Tata BlueScope Steel Private Limited), a subsidiary company. The acquisition was made from BlueScope Steel Asia Holdings Pty Ltd for a consideration of ₹0.03 crore, as per the terms and conditions of the Share Purchase Agreement executed on November 12, 2025. This has increased the Company’s shareholding in TSCPL from 99.99% to 100%, making TSCPL an indirect wholly owned subsidiary of the Company.
Key Highlights
- Tata Steel Ltd acquires remaining 0.01% stake in Tata Steel Colors Private Limited
- Acquisition consideration is ₹0.03 crore
- Tata Steel Colors Private Limited is a subsidiary company
- Post-acquisition, Tata Steel Colors Private Limited becomes an indirect wholly owned subsidiary of Tata Steel Ltd
- Acquisition completed on April 9, 2026
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