Tata Steel Ltd.

Tata Steel has received approval for a scheme of amalgamation. The company will merge its seven step-down subsidiaries with itself. This seven subsidiaries are Tata Steel Long Products, The Tinplate Company of India, Tata Metaliks, TRF, The Indian Steel & Wire Products, Tata Steel Mining and S & T Mining Company. The Board of Directors of the Company at its meeting held on September 22, 2022, inter alia, considered and approved the same.

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.