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Tata Steel gets CCI’s nod to acquire 50.01% equity share capital of Thriveni Pellets

21 Jan 2026 Evaluate

Tata Steel has received approval from Competition Commission of India (CCI) for acquisition of 50.01% equity share capital of Thriveni Pellets from Thriveni Earthmovers. 

Thriveni Pellets is a private limited company engaged in the sale of iron ore pellets in India. 

Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.

Peers
Company Name CMP
JSW Steel 1187.00
Tata Steel 167.25
Steel Authority 165.00
Jindal Stainless 688.40
APL Apollo Tubes 2021.00
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