Tata Steel Board Approves ₹33,873 Cr Capacity Expansion at NINL

Tata Steel Limited's Board of Directors met on July 30, 2026, to approve the audited standalone and unaudited consolidated financial results for the quarter ended June 30, 2026. Additionally, the Board approved a significant capacity expansion project at its wholly-owned subsidiary, Neelachal Ispat Nigam Limited (NINL). This project involves a steelmaking capacity addition of 4.8 MTPA with an estimated capital expenditure of ₹33,873 crore. The expansion aims to bolster Tata Steel's long products portfolio, particularly in the high-demand retail segment. NINL is currently undergoing amalgamation into Tata Steel Limited.