Tata Steel: Effective Date of Scheme of Amalgamation
Tata Steel (TATASTEEL) filed a disclosure titled "Effective Date of Scheme of Amalgamation". The company is valued at about ₹2.21 lakh crore.
What happened
Tata Steel (TATASTEEL) filed a disclosure with the exchanges on 3 November 2026 at 01:06 PM titled "Effective Date of Scheme of Amalgamation".
From the filing: "The se filing s ha ve been made in compliance with Section 232 of the Companies Act, 2013 read with Rule 25(7) of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016."
How big is it?
At ₹1.55 crore, the deal is equal to about 0.0% of the company's market value of ₹2.21 lakh crore.
Company snapshot
Tata Steel is a large-cap company in the Metals & Mining sector, with a market value of about ₹2.21 lakh crore.
The stock last traded at ₹177.4, against a 52-week range of ₹160.1–₹224.4 (21.0% below the high).
Before this filing the shares had moved −3.8% over the month and −7.1% over three months. Average daily turnover over the last 20 sessions was about ₹374 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 9 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 48 similar disclosures by other Metals & Mining companies, shares moved −0.3% on average the next day and −0.6% over five days; 46% of them rose the next day.
Market-wide, 2,273 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% |
| 29 Sept 2026 | Acquisition of equity shares in T Steel Holdings Pte | −5.3% | — |
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
- Fourth Tata Steel Kapilash Half Marathon in January 2027
- TATASTEEL Outlook for the Week
- Tata Steel Share Price - Live NSE: TATASTEEL Stock Price & Chart
- ‘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.