Tata Steel Limited — JV/Acquisition, 30-01-2026: Acquisition

Tata Steel has completed a strategic acquisition, buying a 50.01% equity stake in Thriveni Pellets Private Limited (TPPL) for ₹635.13 Cr. TPPL holds 100% of Brahmani River Pellets Private Limited (BRPL), making both companies subsidiaries. This significant move boosts Tata Steel's backward integration strategy, securing a crucial raw material supply (pellets) for its steel production. It's a smart play to enhance operational control and potentially improve cost efficiency, strengthening its position in the market.