Tata Steel Ltd (TATASTEEL) — Corporate Action | 1 October 2026

Tata Steel announced that the National Company Law Tribunal Mumbai Bench approved and sanctioned its Scheme of Amalgamation with wholly owned subsidiary Rujuvalika Investments Limited on October 1, 2026. The order follows regulatory filings and board approvals, simplifying the corporate structure by merging the NBFC subsidiary into the parent without issuing new shares or cash consideration. The transaction involves cancellation of 11,68,393 shares held by the subsidiary and complies with RBI and MCA requirements. No dilution or cash payout occurs, preserving shareholder value while reducing compliance costs.