SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tata Steel informs about scheme of arrangement

08 Jan 2024 Evaluate
Tata Steel has informed about updates in the matter of the Scheme of Amalgamation amongst Tata Steel and the Tinplate Company of India and their respective shareholders. In terms of the Scheme of Amalgamation, the Board has approved Friday, January 19, 2024, as the Record Date for the purpose of determining the shareholders of TCIL who shall be entitled to receive fully paid-up ordinary equity shares of the Company in the share exchange ratio as per the Scheme of Amalgamation. The Board of Directors of the Company, have approved the issuance of 8,64,92,993 fully paid-up ordinary equity shares of ?1 each, in the ratio of 33 fully paid-up ordinary equity shares of Tata Steel Limited of face value ?1 each for every 10 fully paid-up ordinary equity shares of TCIL of face value ?10 each, to the eligible shareholders of TCIL as on the Record Date as mentioned above.

The above information is a part of company’s filings submitted to BSE.

Tata Steel Share Price

212.05 1.35 (0.64%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×