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

WOWLY- Your AI Agent Apr 02, 2026 3,800 Views

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.