Tata Steel Completes Acquisition, Achieving 100% Stake in Tata Steel Colors Private Limited
Tata Steel Limited successfully completed the acquisition of the remaining equity stake in Tata Steel Colors Private Limited (TSCPL), a subsidiary company, on April 9, 2026. This transaction finalized the Company's complete ownership, making TSCPL an indirect wholly owned subsidiary.On this date, Tata Steel Limited acquired 10,000 equity shares, representing a 0.01% shareholding. The face value of these shares was ₹10/- each, and the total consideration paid for the acquisition was ₹0.03 crore.
The seller of these shares was BlueScope Steel Asia Holdings Pty Ltd. The purchase was executed in accordance with the terms and conditions outlined in a Share Purchase Agreement that was initially executed on November 12, 2025.
Following the transaction, Tata Steel Limited's shareholding in TSCPL increased from 99.99% to 100%.
The details of the acquisition are summarized below:
| Detail | Value |
|---|---|
| Date of Acquisition | April 9, 2026 |
| Shares Acquired | 10,000 |
| Stake Acquired | 0.01% |
| Face Value per Share | ₹10/- |
| Total Consideration | ₹0.03 crore |
| Seller | BlueScope Steel Asia Holdings Pty Ltd |
| Resulting Stake | 100% |
TATASTEEL Stock Price Movement
Today, Tata Steel Limited shares edged higher to settle at ₹205.2, closing up 0.32% for the session. The stock traded on a robust volume of 36.85 million shares today.Source:
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