Tata Steel Amalgamation with Rujuvalika Investments Approved

Tata Steel Limited announced that the National Company Law Tribunal (NCLT), Mumbai Bench, has approved and sanctioned the Scheme of Amalgamation between Tata Steel Limited (Transferee Company) and its wholly-owned subsidiary, Rujuvalika Investments Limited (Transferor Company). This order, pronounced on October 1, 2026, follows earlier disclosures made on July 31, 2024. The amalgamation is being carried out under Sections 230 to 232 of the Companies Act, 2013. Rujuvalika Investments Limited is engaged in non-banking financial activities, while Tata Steel is a major steel manufacturer. The scheme has now been officially approved and sanctioned by the tribunal.