Tata Steel Ltd. Approves Acquisition of 50% Stake in Tata BlueScope Steel Private Limited for 1,100 Crore

Tata Steel Ltd. held a Board Meeting on November 12, 2025, where they considered and approved the Audited Standalone and Unaudited Consolidated Financial Results for the quarter and half year ended September 30, 2025. The Board also approved the acquisition of 50% equity stake in Tata BlueScope Steel Private Limited (TBSPL) from BlueScope Steel Asia Holdings Pty Ltd (BSAH) for a consideration of up to 1,100 crore. The transaction is subject to customary conditions precedent, approvals from regulatory authorities including the Competition Commission of India and other stakeholders as applicable. Upon completion of the transaction, TBSPL will become an indirect wholly owned subsidiary of Tata Steel.