Tata Steel Limited (TATASTEEL) — Board Meeting | 10 December 2025(3 announcements)

Tata Steel's Board approved the acquisition of 50.01% equity stake in Thriveni Pellets Private Limited (TPPL) for ₹636 crore in cash, subject to Competition Commission approval. TPPL owns a 4 MTPA pellet plant in Odisha with a 212 km slurry pipeline, securing pellet supply for Tata Steel's India operations. The Board also approved capacity expansions: 4.8 MTPA at Neelachal Ispat Nigam, 2.5 MTPA thin slab caster at Meramandali, and 0.7 MTPA hot rolled pickling line at Tarapur. Additionally, Tata Steel signed an MoU with Lloyd Metals for iron ore mining and a 6 MTPA greenfield steel project in Maharashtra's Gadchiroli district.

Tata Steel's board approved the ₹636 crore acquisition of 50.01% equity stake in Thriveni Pellets Private Limited (TPPL), which operates a 4 MTPA pellet plant at Jajpur, Odisha. The acquisition secures pellet supply for Tata Steel's India operations and is subject to Competition Commission approval, expected within 3-4 months. Concurrently, the board affirmed long-term growth strategy including 4.8 MTPA capacity expansion at Neelachal Ispat, a 2.5 MTPA Thin Slab Caster facility at Meramandali, and HIsarna low-carbon demonstration plant at Jamshedpur. An investor call is scheduled for December 11, 2025.

Tata Steel's board approved the acquisition of 50.01% equity stake in Thriveni Pellets Private Limited for ₹636 crore, securing a 4 MTPA pellet plant in Odisha with a 212 km slurry pipeline. The company also approved capacity expansions: 4.8 MTPA at Neelachal Ispat Nigam Limited, 2.5 MTPA thin slab caster at Meramandali, and a 0.7 MTPA hot rolled pickling facility at Tarapur. Additionally, Tata Steel signed an MoU with Lloyd Metals for a 6 MTPA greenfield steel project in Maharashtra and initiated a 1 MTPA HIsarna demonstration plant in Jamshedpur for low-carbon steelmaking technology.