
Corporate Action15 Oct 2026, 07:20 pm
Tata Steel Receives NCLT Order for Rujuvalika Investments Amalgamation
AI Summary
Tata Steel Limited has received the certified true copy of the Order from the National Company Law Tribunal (NCLT), Mumbai Bench, approving the Scheme of Amalgamation of its wholly-owned subsidiary, Rujuvalika Investments Limited, into Tata Steel. The NCLT had pronounced the order on October 1, 2026, and the company received the official document on October 15, 2026. This amalgamation, filed under Sections 230-232 of the Companies Act, 2013, was approved by the boards of both companies in early 2024, with revisions made pursuant to RBI NOC. Rujuvalika Investments Limited is a non-banking financial company, and its amalgamation is expected to streamline corporate structure.
Key Highlights
- NCLT approves amalgamation of Rujuvalika Investments into Tata Steel.
- Certified true copy of NCLT order received on October 15, 2026.
- Scheme of Amalgamation filed under Companies Act, 2013.
- Rujuvalika Investments is a wholly-owned subsidiary.
- Amalgamation aims to streamline corporate structure.
Price Impact
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