Tata Steel Limited — JV/Acquisition, 09-04-2026: Acquisition
09-04-2026 | 06:42 pm
09-04-2026 | 06:42 pm
Tata Steel has completed the acquisition of the remaining 0.01% stake in Tata Steel Colors Private Limited (TSCPL) from BlueScope Steel Asia Holdings Pty Ltd for ₹0.03 crore. This transaction boosts Tata Steel's shareholding in TSCPL from 99.99% to 100%, making it an indirect wholly-owned subsidiary. This consolidation provides Tata Steel full control over TSCPL, streamlining operations and fully integrating its financials. The move signifies a full ownership play rather than a new strategic expansion.
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