Tata Steel has today i.e., on 20 February 2025, acquired 191,08,28,025 ordinary equity shares of face value USD 0.157 each aggregating to USD 300 million (Rs 2,603.16 crore) in T Steel Holdings (TSHP). Post this acquisition, TSHP will continue to be a wholly owned subsidiary of the Company.Powered by Capital Market - Live News

Tata Steel has approved the issuance of 3,00,000 Fixed Rate, Unsecured, Redeemable, Rated, Listed, Non Convertible Debentures of face value of Rs 1 lakh each aggregating to Rs 3,000 crore on private placement basis. The deemed date of allotment is 21 February 2025. Powered by Capital Market - Live News

Tata Steel will hold a meeting of the Board of Directors of the Company on 14 February 2025.Powered by Capital Market - Live News

Net profit of Tata Steel declined 36.37% to Rs 326.64 crore in the quarter ended December 2024 as against Rs 513.37 crore during the previous quarter ended December 2023. Sales declined 2.73% to Rs 53231.28 crore in the quarter ended December 2024 as against Rs 54727.30 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales53231.2854727.30 -3 OPM %11.0911.45 - PBDT4367.414684.08 -7 PBT1798.222262.04 -21 NP326.64513.37 -36 Powered by Capital Market - Live News

Tata Steel will hold a meeting of the Board of Directors of the Company on 27 January 2025.Powered by Capital Market - Live News