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Tata Steel Ltd is Asia's first integrated private steel company setup in 1907.The company has presence across the entire value chain of steel manufacturing from mining and processing iron ore and coal to producing and distributing finished products.The company has a target to increase domestic steelmaking capacity to 30 MnTPA by 2025.
Tata Steel completed the divestment of its wholly-owned subsidiary, Jamshedpur Football and Sporting Private Limited (JFSPL). JFSPL is no longer a subsidiary. Tata Steel remains committed to developing grassroots sports and enhancing sporting infrastructure.
Tata Steel divested its football subsidiary, Jamshedpur Football & Sporting Pvt Ltd, for a nominal ₹100. The subsidiary had FY26 turnover of ₹32.23 Cr and net-worth of ₹(5.8) Cr. This strategic move includes transferring the ISL license and team, allowing Tata Steel to focus on grassroots football.
Tata Steel's Committee of Directors has approved divesting its entire 100% stake in Jamshedpur Football and Sporting Private Limited, a wholly-owned subsidiary, to Churchill Brothers Sports Club Private Limited for a nominal ₹100. This transfer includes the ISL sporting license, 12 players, and 2 coaches, with contracts effective September 2026....
Tata Steel shareholders approved FY2025-26 financial results and a ₹4/share dividend at the 119th AGM. Also greenlit were significant related party transactions: ₹15,060 Cr with Tata Capital, ₹5,715 Cr with Tata International, and ₹6,700 Cr with Tata Steel UK.
Tata Steel's EU units are restructuring for low-emission steelmaking. Notably, TSN paid €20 million in penalties for emissions, risking plant permit revocation. Company allocated ₹1,456 Cr to green R&D and 44% Capex for ESG initiatives. Also, achieved ₹254 Cr procurement from Affirmative Action vendors. Accounts payable days increased.