Highlights Public Sector Unit News

Tata Steel Merger Takes Effect from November 3

Tata Steel Limited has informed the stock exchanges that its Scheme of Amalgamation with wholly-owned subsidiary Rujuvalika Investments Limited (RIL) has become effective from November 3, 2026.

The National Company Law Tribunal (NCLT), Mumbai Bench, approved the scheme through an order dated October 1, 2026. The amalgamation became operative after both companies completed the required filings with the Registrar of Companies, Mumbai (ROC-MCA).

Tata Steel Merger Process Completed

RIL filed the certified copy of the NCLT order with the ROC-MCA on October 28, 2026. The filing was approved and taken on record.

Tata Steel filed the certified copy of the order with the ROC-MCA on November 3, 2026. With both filings completed under Section 232 of the Companies Act, 2013, the scheme has become effective.

Impact on Authorised Share Capital

Following the amalgamation, RIL’s authorised equity share capital of ₹1.55 crore stands merged with Tata Steel’s authorised share capital. Consequently, Tata Steel Limited’s authorised share capital will now stand at ₹32,621.05 crore.

The company disclosed the development under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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