Acquisitions31 Dec 2025, 07:31 pm
Tata Steel Completes Acquisition of Equity Stake in Tata BlueScope Steel
AI Summary
Tata Steel Ltd has completed the acquisition of 43,29,90,000 equity shares of Tata BlueScope Steel Private Limited for a consideration of 1,099.97 crore. This acquisition has resulted in Tata Steel holding 99.99% stake in Tata BlueScope Steel, making it an indirect subsidiary of the company. This disclosure is made in compliance with Securities and Exchange Board of India regulations.
Key Highlights
- Tata Steel Ltd has completed the acquisition of 43,29,90,000 equity shares in Tata BlueScope Steel Private Limited
- The acquisition was made for a consideration of 1,099.97 crore
- Post acquisition, Tata Steel holds 99.99% stake in Tata BlueScope Steel
- Tata BlueScope Steel has become an indirect subsidiary of Tata Steel
- The disclosure is made in compliance with Securities and Exchange Board of India regulations