Tata Steel Completes 100% Acquisition of Neelachal Ispat Nigam Limited

Tata Steel Limited has officially completed the acquisition of a 100% equity stake in Neelachal Ispat Nigam Limited (NINL), cementing its status as a wholly owned subsidiary of the company. This significant development marks a key milestone in Tata Steel’s ongoing growth and consolidation strategy within the Indian steel sector.

Completion of Acquisition and Shareholding Journey

The acquisition journey began on 4 July 2022, when Tata Steel Long Products Limited, a then-listed subsidiary, acquired a 93.71% stake in NINL through a government-led disinvestment process at a total consideration of ₹12,100 crore. This transaction was part of a Scheme of Amalgamation that came into effect on 11 November 2023.

On 21 February 2023, Tata Steel Limited further strengthened its position by acquiring an additional 5.23% equity stake in NINL. Between Fiscal 2023 and Fiscal 2025, the company continued to acquire minority stakes in tranches, steadily progressing towards complete ownership.

On 24 July 2025, Tata Steel Limited completed the acquisition of the remaining equity in NINL, securing full ownership. As a result, Neelachal Ispat Nigam Limited has now become a wholly owned subsidiary of Tata Steel.

About Tata Steel and NINL

Tata Steel is one of the world’s most geographically diversified steel producers, known for its commitment to innovation, sustainability, and responsible manufacturing. With operations across the globe, the company has consistently played a pivotal role in shaping India’s industrial growth. 

Neelachal Ispat Nigam Limited, a public sector enterprise prior to its disinvestment, was engaged in the manufacturing of pig iron and steel billets. With this acquisition, Tata Steel brings NINL’s production and infrastructure into its fold, aiming to revitalise operations and create greater value in the long run.

Also Read: Tata Group Doubles Revenue, Triples Profit and Market Cap in 5 Years With ‘Future Fit’ Strategy!

Tata Steel Share Price Performance 

As of July 25, 2025, at 9:43 AM, Tata Steel share price is trading at ₹162.03 per share, reflecting a decline of 0.89%. Over the past month, the stock has gained by 3.63%.

Conclusion

With the acquisition now finalised, Tata Steel strengthens its strategic capabilities and operational reach by fully integrating NINL into its fold. The move not only reinforces its leadership in the industry but also opens up new avenues for efficiency and growth under a unified structure.

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