The National Company Law Tribunal, Mumbai Bench, has sanctioned the amalgamation of Tata Steel with its wholly owned subsidiary Rujuvalika Investments Ltd as of October 1, 2026.
Shares of Tata Steel will remain in focus on Wednesday after the company's board approved the merger of its wholly owned subsidiary Neelachal Ispat Nigam (NINL) with the company, along with other key ...
Investors had looked to a potential Tata Sons listing for value unlocking; the proposed restructuring offers the Trusts a route to keep the holding company private, subject to regulatory clearances.
The board of Tata Steel Limited on Tuesday approved the merger of its wholly owned subsidiary Neelachal Ispat Nigam Limited (NINL) with itself and also cleared an investment of up to $2 billion in its ...