StockWatch
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Iron & Steel
Corporate Action3 Nov 2026, 01:07 pm

Tata Steel Amalgamation Scheme Becomes Effective Nov 3

AI Summary

Tata Steel Limited announced that its Scheme of Amalgamation with its wholly-owned subsidiary, Rujuvalika Investments Limited (RIL), has become effective from November 3, 2026. This follows the approval and sanction of the scheme by the National Company Law Tribunal (NCLT), Mumbai bench, and the subsequent filing of the certified NCLT order with the Registrar of Companies, Mumbai. The authorized equity share capital of RIL has been merged with Tata Steel, increasing its authorized share capital to ₹32,621.05 crore. This corporate action is in compliance with the Companies Act, 2013 and SEBI regulations.

Key Highlights

  • Scheme of Amalgamation with RIL is effective from November 3, 2026.
  • NCLT approval received and filings completed with ROC-MCA.
  • RIL's authorized capital merged into Tata Steel.
  • Tata Steel's authorized share capital increased to ₹32,621.05 crore.