Image Source: Tata Bluescope Steel
Tata Steel Limited has completed the acquisition of BlueScope Steel’s entire stake in their joint venture, Tata BlueScope Steel Private Limited (TBSPL), for ₹1,099.97 crore. The move consolidates Tata Steel’s ownership in TBSPL to 99.99%, making it an indirect subsidiary effective December 31, 2025.
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Tata Steel Limited announced the completion of its acquisition of 43.3 crore equity shares in Tata BlueScope Steel Private Limited (TBSPL) from BlueScope Steel Asia Holdings Pty Ltd for a total consideration of ₹1,099.97 crore. This purchase marks the exit of BlueScope Steel from the joint venture and gives Tata Steel almost complete control over the downstream steel solutions entity.
Key Highlights
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Completion date of transaction: December 31, 2025, following the Share Purchase Agreement dated November 12, 2025
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Acquisition value: ₹1,099.97 crore for 43.29 crore equity shares of ₹10 each
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Post-transaction holding: Tata Steel now holds 99.99% stake in TBSPL, making it an indirect subsidiary
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TBSPL’s business focus: Manufacture and supply of coated steel, roofing, and wall cladding solutions under brands like Lysaght, Zincalume, and Colorbond
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Strategic impact: Enhances Tata Steel’s downstream product portfolio and strengthens its leadership in steel building solutions in India and South-East Asia
Source: Company Filing on BSE, Tata Steel Corporate Announcement
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