Tata Steel (TATASTEEL) — Board Meeting

Tata Steel's board approved the divestment of Tata Steel Advanced Materials Limited's entire 90% equity and 100% preference stake in Ceramat Private Limited to Lionstead Applied Materials Private Limited for ₹99.99 lakh. Ceramat contributed negligible value at 0.001% of consolidated turnover (₹1.73 crore) and 0.014% of net worth (₹12.89 crore) in FY2024-25. The transaction completed on August 18, 2025, and Ceramat ceases to be a subsidiary.

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About Tata Steel Limited (TATASTEEL)

Metals & Mining · Ferrous Metals · Listed on NSE

Market Cap: ₹2,70,692.8 Cr P/E: 29.5 ROE: 10.1% ROCE: 10.9%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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