Tata Steel has completed the acquisition of a 100% equity stake in Neelachal Ispat Nigam Ltd (NINL), making it a wholly owned subsidiary.
Jul 25, 2025
Tata Steel has announced that it has completed the acquisition of 100 percent stake in Neelachal Ispat Nigam Limited (NINL), thereby securing full ownership of the company. The acquisition follows a multi-phase process that began in July 2022, when Tata Steel Long Products initially acquired a 93.71% stake in NINL through a government-led disinvestment program for INR 12,100 crore. This stake was further increased via acquisitions in February 2023 and through fiscal years 2023 to 2025.
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With this final transaction, NINL now becomes a wholly owned subsidiary of Tata Steel. The move is aligned with Tata Steel’s long-term strategic growth plans and is expected to bolster its presence in the long products and integrated steel manufacturing sector. The company made this disclosure in accordance with SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015.
