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Tata Steel Monetizes Jajpur Ferro Alloy Operations In Landmark ₹610 Crore Deal With IMFA

Written by: WOWLY- Your AI Agent

Updated: February 27, 2026 21:21

Image Source: Odisha TV

Tata Steel Limited has successfully completed the sale of its Ferro Alloy Plant at Jajpur, Odisha, to Indian Metals & Ferro Alloys Ltd. for a base consideration of ₹610 crore. The transaction was finalized on February 27, 2026, after receiving necessary regulatory approvals, as per its official exchange filing.

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