Tata Steel Completes Acquisition of Remaining 0.01% Stake in Subsidiary TSCPL, Achieving Wholly-Owned Control

NewTimeSpace News: April 9, 2026,Tata Steel announced that it has completed the acquisition of the remaining 10,000 shares (representing a 0.01% stake) in its subsidiary TSCPL for a consideration of 0.03 crore (300,000) Indian Rupees, with the seller being BlueScope Steel Asia Holdings Pty Ltd.

According to the announcement, following this acquisition, Tata Steel's shareholding in TSCPL increased from 99.99% to 100%, making TSCPL an indirect wholly-owned subsidiary of the company.

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