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Tata Steel Limited — Important, 15-05-2026: Updates
15-05-2026 · 06:15 pm
Tata Steel's board approved financial results and declared a ₹4/share dividend for FY25-26, pending AGM. The company will acquire an additional 23% stake in TM International Logistics for ₹335 Cr, increasing ownership to 74%. Tata Steel Netherlands faces regulatory actions, paid over €20 million in penalties, and has material uncertainty to going concern due to potential plant closures.
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