Tata Steel Board Approves Acquisition of 50% Stake in Tata BlueScope Steel for 1,100 Crore

Tata Steel Ltd's Board approved the acquisition of a 50% equity stake in Tata BlueScope Steel Private Limited from BlueScope Steel Asia Holdings Pty Ltd for a consideration of up to 1,100 crore. The transaction is subject to customary conditions precedent and approvals from regulatory authorities. Upon completion, Tata BlueScope Steel will become an indirect wholly owned subsidiary of Tata Steel. The Board also approved and adopted the Audited Standalone and Unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2025.