Tata Steel Share Price in Focus; Acquires 50.01% Stake in Thriveni Pellets for ₹635.13 Crore

Tata Steel has completed the acquisition of a 50.01% stake in Thriveni Pellets Private Limited for ₹635.13 crore, as disclosed in an exchange filing dated January 30, 2026. The transaction was finalised after receiving approval from the Competition Commission of India earlier in the month. 

Regulatory Clearance and Background 

The company had first informed stock exchanges about the proposed acquisition in December 2025. Approval from the competition regulator was received on January 20, 2026, which cleared the way for the transaction to be completed. The acquisition was closed within ten days of receiving the clearance. 

Share Acquisition Details 

Under the deal, Tata Steel acquired 90,06,801 equity shares of Thriveni Pellets, each with a face value of ₹10. These shares represent a 50.01% equity interest in the company. The shares were purchased from Thriveni Earthmovers Private Limited, the existing shareholder. 

The total consideration for the acquisition was ₹635.13 crore. The transaction gives Tata Steel majority ownership and management control of Thriveni Pellets. 

Post-Acquisition Ownership Structure 

After the completion of the deal, Tata Steel holds a direct 50.01% stake in Thriveni Pellets. The remaining 49.99% stake continues to be held by Llyods Metals & Energy Limited.  

With Tata Steel holding more than half of the equity, Thriveni Pellets is now classified as a subsidiary of Tata Steel. 

Impact on Subsidiary Holdings 

Thriveni Pellets owns 100% of Brahmani River Pellets Private Limited. As a result of the transaction, Tata Steel now indirectly holds a 50.01% stake in Brahmani River Pellets as well.  

Both Thriveni Pellets and Brahmani River Pellets have become subsidiaries of Tata Steel following the acquisition. 

Read More: Tata Steel Share Price in Focus After Acquiring Majority Stake in Tata BlueScope Steel! 

Tata Steel Share Price Performance  

As of February 1, 2026, 10:27 am, Tata Steel share price was trading at ₹191.89, a 5.16% down from its previous closing price. 

Conclusion 

The transaction brings Thriveni Pellets and its wholly owned subsidiary under Tata Steel’s control. The deal was completed after regulatory approval and does not change the shareholding of the minority investor in Thriveni Pellets. 

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