Tata Steel: Acquisition of 38,222 equity shares of face value ?10/- each in Creative Port Development Private Limited…
Tata Steel (TATASTEEL) filed a disclosure titled "Acquisition of 38,222 equity shares of face value ?10/- each in Creative Port Development Private Limited ('CPDPL') due to conversion of 25,10,830 Optionally Convertible…". The company is valued at about…
What happened
Tata Steel (TATASTEEL) filed a disclosure with the exchanges on 7 November 2026 at 03:44 PM titled "Acquisition of 38,222 equity shares of face value ?10/- each in Creative Port Development Private Limited ('CPDPL') due to conversion of 25,10,830 Optionally Convertible…".
Company snapshot
Tata Steel is a large-cap company in the Metals & Mining sector, with a market value of about ₹2.33 lakh crore.
The stock last traded at ₹186.3, against a 52-week range of ₹160.1–₹224.4 (17.0% below the high).
Before this filing the shares had moved +1.9% over the month and −3.9% over three months. Average daily turnover over the last 20 sessions was about ₹385 crore.
Promoters held 32.94% at the end of Q1 FY27, down 0.25% points from the previous quarter. Foreign institutions owned 19.37% and domestic institutions 26.62%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 53,178 | 2,077.7 | 1.67 |
| Q2 FY26 | 58,689 | 3,101.8 | 2.49 |
| Q3 FY26 | 57,002 | 2,688.7 | 2.16 |
| Q4 FY26 | 63,270 | 2,925.7 | 2.34 |
| Q1 FY27 | 60,794 | 2,318.4 | 1.86 |
What history shows
BCEIE's records show 10 previous m&a filings from the company since May 2026.
After those filings, the stock fell 1.0% on average the next trading day and was down 1.0% on average after five days (8 filings with price data).
Across 50 similar disclosures by other Metals & Mining companies, shares moved −0.1% on average the next day and −0.0% over five days; 48% of them rose the next day.
Market-wide, 2,364 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 15 Oct 2026 | Receipt of certified true copy of the Order of Hon'ble National… | −1.3% | — |
| 15 Oct 2026 | Receipt of certified true copy of the Order of the Hon'ble National… | −1.3% | — |
| 1 Oct 2026 | Pronouncement of Order by the Hon ble National Company Law Tribunal,… | +0.4% | −3.2% |
| 1 Oct 2026 | Pronouncement of Order by the Hon ble National Company Law Tribunal,… | +0.4% | −3.2% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 7 November 2026: Board meeting — Financial Results/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Tata Steel Q2 results rescheduled to November 7; here's what to expect
- TATASTEEL Outlook for the Week
- Fourth Tata Steel Kapilash Half Marathon in January 2027
- Steel Prices Rise: Tata Steel, JSW Steel, SAIL Raise Rates Across Key Products
- ‘Only steel plant left is Tata Steel’: Goyal makes India pitch in the Netherlands
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.