Tata Steel Limited — Important, 12-05-2025: General Updates
12-05-2025 | 07:38 pm
12-05-2025 | 07:38 pm
Tata Steel has announced a board meeting on the financial results for the quarter and half-year, approving audited standalone and consolidated FY2024-25 results. It adopted a new accounting policy for equity investments, recognizing a fair value loss of ₹25,626 crore on European subsidiaries. The Board proposed a dividend of ₹3.60 per share and approved a fund infusion of up to USD 2.5 billion (~₹21,411 crore) into its foreign subsidiary to support debt repayment and restructuring.
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