Tata Steel: Pronouncement of Order by the Hon ble National Company Law Tribunal, Mumbai Bench, approving and sanctioning…
Tata Steel (TATASTEEL) filed a disclosure titled "Pronouncement of Order by the Hon ble National Company Law Tribunal, Mumbai Bench, approving and sanctioning the Scheme of Amalgamation amongst Tata Steel Limited and Rujuvalika…". The company is valued at…
What happened
Tata Steel (TATASTEEL) filed a disclosure with the exchanges on 1 October 2026 at 09:01 PM titled "Pronouncement of Order by the Hon ble National Company Law Tribunal, Mumbai Bench, approving and sanctioning the Scheme of Amalgamation amongst Tata Steel Limited and Rujuvalika…".
From the filing: "Tata Steel Limited has informed the Exchange about Pronouncement of Order by the Hon ble National Company Law Tribunal, Mumbai Bench, approving and sanctioning the Scheme of Amalgamation amongst Tata Steel Limited and Rujuvalika Investments Limited and their respective shareholders"
Company snapshot
Tata Steel is a large-cap company in the Metals & Mining sector, with a market value of about ₹2.22 lakh crore.
The stock last traded at ₹178, against a 52-week range of ₹160.1–₹224.4 (20.7% below the high).
Before this filing the shares had moved +2.0% over the month and +0.2% over three months. Average daily turnover over the last 20 sessions was about ₹454 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
This is not the company's first m&a disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.2% on average the next trading day and was up 0.5% on average after five days (3 filings with price data).
Across 33 similar disclosures by other Metals & Mining companies, shares moved −0.4% on average the next day and −0.7% over five days; 42% of them rose the next day.
Market-wide, 1,941 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 27 Aug 2026 | Acquisition of equity stake in T Steel Holdings Pte | −1.3% | +1.1% |
| 20 Aug 2026 | M&A | +1.5% | +1.6% |
| 24 Jun 2026 | M&A | −0.8% | −1.3% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Tata Steel is counting on additional government funding for the project in Port Talbot
- Tata Steel gets more time on Dutch deal as environmental challenges persist
- Tata Steel talks ongoing amid reports Port Talbot electric furnace faces grid delays
- Tata Steel CEO TV Narendran says India has world's attention, must become competitive- Moneycontrol.com
- REG - Tata Steel Limited - Acquisition of equity shares in TSHP
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.