Announced Thu, 9 Apr · 18:42 IST
Tata Steel completes acquisition of remaining 0.01% stake in Tata Steel Colors
TATASTEEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹204.83
prior close
₹207.98
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0-0.5-0.6-0.6+0.6+1.6+2.9+3.4+3.5+3.8+3.2+3.5-3.0-6.7
Up moveDown movePending
AI summary
Tata Steel has completed acquisition of the remaining 10,000 equity shares (0.01% stake) of face value ₹10 each in Tata Steel Colors Private Limited (formerly Tata BlueScope Steel) from BlueScope Steel Asia Holdings Pty Ltd for ₹0.03 crore. Post this, Tata Steel's shareholding in TSCPL rises from 99.99% to 100%, making TSCPL an indirect wholly owned subsidiary. The deal follows the Share Purchase Agreement signed on November 12, 2025.
Likely market impact
Minor transaction that converts TSCPL into a 100% indirect wholly owned subsidiary; negligible financial impact but consolidates full ownership.