NSEAmalgamation/Merger6d ago · 3 Nov 2026, 12:49 pm
Amalgamation/Merger
Tata Steel Limited · TATASTEEL
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Tata Steel Limited has informed the Exchange about the Effective Date of the Scheme of Amalgamation amongst Tata Steel Limited and Rujuvalika Investments Limited, wholly owned subsidiary, and their respective shareholders. The Scheme of Amalgamation has become operative on and from November 3, 2026.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Tata Steel Limited has informed the Exchange about Effective Date of the Scheme of Amalgamation amongst Tata Steel Limited and Rujuvalika Investments Limited, wholly owned subsidiary, and their respective shareholders
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Ref No.: SEC/1358/2026-27
November 3, 2026
The Secretary, Listing Department The Manager, Listing Department
BSE Limited, National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1,
Dalal Street, G-Block, Bandra – Kurla Complex,
Mumbai – 400 001. Bandra, Mumbai – 400 051.
Maharashtra, India. Maharashtra, India.
Scrip code: 500470 Symbol: TATASTEEL
Dear Madam, Sirs,
Subject: ‘Effective Date’ of the Scheme of Amalgamation amongst Tata Steel Limited
and Rujuvalika Investments Limited, wholly owned subsidiary, and their respective
shareholders
This is further to our disclosures dated October 1, 2026 and October 15, 2026 in connection
with the Scheme of Amalgamation amongst Tata Steel Limited (‘Company’) and Rujuvalika
Investments Limited (‘RIL’) and their respective shareholders (‘Scheme of Amalgamation’), as
approved and sanctioned by the Hon’ble National Company Law Tribunal, Mumbai bench
(having jurisdiction over both the companies) vide its Order dated October 1, 2026 (‘NCLT
Order’).
We wish to inform you that, after fulfilling all the conditions specified in Clause 9.1(h) (Definition
of Effective Date) read with Clause 21 (Scheme Conditional Upon) of the Scheme of
Amalgamation, RIL have on October 28, 2026, successfully filed the certified copy of the NCLT
Order with the Registrar of Companies, Mumbai, Ministry of Corporate Affairs, Government of
India (‘ROC-MCA’). The same has been approved and taken on records by the ROC-MCA.
Thereafter, today, i.e. on November 3, 2026, the Company has successfully filed the certified
copy of the NCLT Order with the ROC-MCA.
These filings have been made in compliance with Section 232 of the Companies Act, 2013
read with Rule 25(7) of the Companies (Compromises, Arrangements and Amalgamations)
Rules, 2016. Accordingly, in terms of Clause 8 (Effectiveness of the Scheme) read with Clause
9.1(h) (Definition of Effective Date) of the Scheme of Amalgamation, the Scheme of
Amalgamation has become operative on and from today i.e., November 3, 2026 (‘Effective
Date’).
Further in terms of the Scheme of Amalgamation, the Memorandum of Association of the
Company stands amended to the extent given below:
The authorized equity share capital of ₹1.55 crore of RIL stands merged with the authorized
share capital of the Company in the class of Ordinary (Equity) Shares of face value ₹1/- each.
Consequently, the authorized share capital of the Company will be ₹32,621.05 crore.
This disclosure is being made in compliance with Regulations 30, 51 and other applicable
provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
This is for your information and records.
Thanking you.
Yours faithfully,
Tata Steel Limited
Parvatheesam Kanchinadham
Company Secretary and Chief Legal Officer