Tata Steel completes full acquisition of NINL
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Update time : 2025-07-28 15:54:56
Tata Steel announced it has completed the 100% acquisition of Neelachal Ispat Nigam Limited (NINL), making it a wholly owned subsidiary. The multi-phase process began in July 2022, when Tata Steel Long Products initially acquired a 93.71% stake in NIN for Rs 12,100 crore via a government disinvestment program.
Additional stakes were acquired in February 2023 and through fiscal years 2023 to 2025, culminating in full ownership.
This move is in line with Tata Steel's strategic growth plans, expanding its presence in the long products and integrated steel manufacturing sector. The acquisition also represents a significant consolidation within India’s steel industry.
