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Tata steel gets nod to acquire 50% stake in Tata BlueScope Steel
Nov-13-2025

Tata steel has received approval to acquire 50% equity stake in Tata BlueScope Steel (TBSPL) (a 50:50 joint venture between Tata Steel through its wholly owned subsidiary - Tata Steel Downstream Products and BlueScope Steel through its wholly owned subsidiary - BlueScope Steel Asia Holdings) from BlueScope Steel Asia Holdings (BSAH), for a consideration of up to Rs 1,100 crore. 

In this regard, the company has executed the share purchase agreement with TBSPL, BSAH and BlueScope Steel. The transaction is subject to approval from Competition Commission of India. On consummation of the above transaction, TBSPL will become an indirect wholly owned subsidiary of Tata Steel.

The transaction is expected to be completed within a period of 3-4 months, subject to completion of customary conditions precedent, including approvals from regulatory authorities and other stakeholders as applicable. The Board of directors of the company at its meeting held on November 12, 2025, inter alia, considered and approved the same.

Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.

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