Tata Steel Limited — JV/Acquisition, 12-11-2025: Acquisition

Tata Steel is acquiring the remaining 50% equity stake in its joint venture, Tata BlueScope Steel Private Limited (TBSPL), for up to ₹1,100 crore. This strategic move will make TBSPL an indirect wholly-owned subsidiary. The acquisition is a clear step in Tata Steel's strategy to strengthen its downstream business in the flat products segment, enhancing its presence in India's building and construction sector with world-class coated steel products. This consolidation gives Tata Steel full control over a key growth asset, subject to regulatory approvals.