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TATASTEELBSETata Steel Ltd· Ferrous MetalsHighNeutral
Announced Fri, 2 May, 2025 · 16:05 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India

Creeping acquisition near the thresholdOwnership Changes View source PDFExplain 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
+0.8%Reaction day
₹141.01
prior close
₹141.57
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.6%+0.1% vs market
Iron & Steel peers, median of 9sector+0.4%+0.4% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty 100 and 0.4 pts more 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
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Sessions after the filingfrom the prior close
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Reaction day
+0.8+0.6+0.1+0.4+0.4
Next day
+2.1-0.0+2.2-1.3+3.4
2d
+3.3+0.2+3.2-1.4+4.7
3d
+1.6-0.7+2.3-3.2+4.8
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+1.3-1.7+2.9-3.8+5.1
5d
+7.0+2.1+4.9+2.3+4.7
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+10.1+1.4+8.7+7.4+2.8
15d
+15.1+3.0+12.1+8.2+6.9
1m
+12.1+2.1+10.0+6.6+5.4
2m
+15.3+4.9+10.3+7.7+7.5
3m
+13.1+1.6+11.4+10.4+2.7
UpDownMarket · Nifty 100Sector · Iron & Steel peers, median of 9Pending

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

AI summary

Life Insurance Corporation of India (LIC) has filed a disclosure under SEBI's Takeover Regulations regarding its holding in Tata Steel Ltd. LIC's stake rose from 5.838% (72.88 crore shares) to 7.851% (98.01 crore shares) after acquiring 25.13 crore additional shares (2.013% of voting capital) through market purchases between 28 July 2022 and 30 April 2025. LIC is not part of the promoter group, and the equity share capital of Tata Steel remained unchanged at ₹1,248.35 crore during this period. This disclosure was triggered because LIC crossed the 5% substantial shareholder threshold.

Likely market impact

A major domestic institutional investor increasing its stake by over 2% is generally seen as a confidence signal in the company's prospects. LIC holding nearly 7.85% makes it one of the largest shareholders, which may provide some stability to the stock. However, since LIC is not a promoter, this does not indicate any change in controlling interest.