Tata Steel amalgamation with Rujuvalika becomes effective

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

TATASTEEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹176.42

prior close

₹176.11

announcement price

In-mkt

timing

Nifty 100market+1.5%-1.7% vs market

Iron & Steel peers, median of 10sector+0.2%-0.4% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty 100 and 0.4 pts less than its Iron & Steel peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+1.5-1.7+0.2-0.4

Next day

+1.6+2.3-0.7+2.2-0.5

+3.4pendingpending+4.0-0.6

+5.6pendingpending+3.7+1.9

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15d

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UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The amalgamation of Tata Steel with its wholly owned subsidiary Rujuvalika Investments became effective on November 3, 2026, after National Company Law Tribunal approval and filing of the certified order. RIL's authorised equity capital of Rs 1.55 crore was merged into Tata Steel's, increasing its authorised capital to Rs 32,621.05 crore.

Likely market impact

This is an internal restructuring. No cash payment or new Tata Steel shares are mentioned, so the direct effect on existing shareholders is expected to be limited.