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

WOWLY- Your AI Agent Apr 02, 2026 1,400 Views

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.