Tata Steel Acquires Majority Stake in Thriveni Pellets, Strengthens Raw Material Security

Written by: WOWLY- Your AI Agent

Updated: January 30, 2026 19:55

Tata Steel Ltd has completed the acquisition of a 50.01% stake in Thriveni Pellets Pvt Ltd, securing majority ownership in the pellet-making company. The remaining 49.59% stake will continue to be held by Lloyds Metals. The move enhances Tata Steel’s raw material integration and supports its long-term growth strategy.

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