Tata Steel share news, announcements and annual reports
NSE: TATASTEELBSE: 500470Ferrous MetalsLarge Cap
Tata Steel Limited · Formerly Tata Iron and Steel Co. · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jan 1939 on BSE, Nov 1998 on NSE
Last close ₹169.46up ₹0.19 (0.11%)BSE ₹169.50
Share price at the NSE close on 29 Oct 2026. Previous close ₹169.27.
29 Oct: open ₹168.71, high ₹169.65, low ₹167.91
52-week range of traded prices to 29 Oct 2026
₹160.06Low, 9 Dec 2025₹224.40High, 15 May 2026
- Next results date: the board meets on 7 Nov 2026 to consider: financial results and other business matters. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,11,546 Cr36th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 19.17
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1,246 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 17.23
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.07
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.36%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 11.4%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1,246 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 12.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 11.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.89
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,37,28,78949.4% delivered
Tata Steel share news and announcements
1,900 announcements, routine notices left out, newest first. Page 38 of 38.
Jan 2008
31 Jan · Results
Standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 497392 lacs for quarter ending on 31-DEC-2007 against Rs. 446998 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 106858 lacs for the quarter ending on 31-DEC-2007 against Rs. 106375 lacs for the quarter ending on 31-DEC-2006.25 Jan · Business
Press Release dated January 24, 2008 about the Un-audited Consolidated Financial results of the Company for the quarter / Six months ended on September 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.22 Jan · Board meeting
To consider Audited Financial Results for the quarter ended December 31, 2007.16 Jan · Business
Press release dated January 16, 2008, titled "Tata Steel's Joint Venture in the Sultanate of Oman for Uyun Limestone". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Jan · Business
Press release dated January 03, 2008 titled "SAIL and Tata Steel form JV for coal mining in India". A Copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Dec 2007
12 Dec · Business
Vide its letter dated December 12, 2007 regarding a press release dated December 11, 2007, titled "Tata Steel's Joint Venture in Ivory Coast for Mount Nimba Iron Ore". A Copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Nov 2007
30 Nov · Business
Press release dated November 30, 2007, titled "Tata Steel signs JV with Riversdale Mining for Mozambique Coal Project". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.28 Nov · Organisation structure
Tata Steel Group has announced a new organization structure effective from January 1, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.22 Nov · Management
The Board of Directors at its meeting held on November 22, 2007, appointed following directors on the Board of the Company, as additional directors :(1) Mr. Andrew Robb as a Non Executive Independent Director. Mr. Robb is a Non Executive Director of Corus Group Limited since August 2003. (2) Dr. T. Mukherjee as a Non Executive Director. Dr. Mukherjee had retired as the Dy. Managing Director (Steel) of the Company on 31st October 2007
Oct 2007
31 Oct · Business
Press release dated October 31, 2007, titled "Tata Steel Ltd. signs an MOU with Vietnam Steel Corporation for a cold rolling mill in Vietnam". The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Oct · Board meeting
Audited Financial Results of the Company for the quarter/half year ended September 30, 2007, will be taken on record.8 Oct · Notice
Vide its letter dated October 05, 2007 that : "The Board of Directors of the Company at its meeting held on 17th April 2007, had approved the issue of shares on a Rights basis to the existing shareholders of the Company through two simultaneous but unlinked issues of Equity Shares and 2% Cumulative Convertible Preference Shares". The Company has further submitted to the Exchange a copy of the Notice proposed to be published by them, regarding fixing of November 05, 2007 as the Record Date for the purpose of Rights Shares. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.8 Oct · Corporate action
Company has fixed November 05, 2007 as the Record Date to determine the shareholders entitled to receive the Rights Issues of equity shares and Cumulative Convertible Preference Shares.8 Oct · Business
Press release dated October 05, 2007, issued in connection with the terms of issue of Cumulative Convertible Preferences Shares (CCPS) and Record Date for Rights Issues of equity shares and CCPs. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.4 Oct · Meeting
Vide its letter dated October 03, 2007 regarding the minutes of the Annual General Meeting of the company held on August 29, 2007. The details of the business transacted at the Annual General Meeting shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Oct · Management
On taking up an assignment as Managing Trustee of Sir Dorabjee Tata Trust and its associated Trusts from 1st October 2007, Mr. A.N. Singh, Dy. Managing Director (Corporate Services) resigned from the Board of Directors of the Company
Aug 2007
29 Aug · Business
Press Release dated August 28, 2007 about the provisional un-audited Consolidated Financial Statements for the quarter ended June 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.7 Aug · Business
Tata Steel Limited had informed the Exchange regarding a press release dated August 6, 2007, titled "Tata Steel Limited prices a US$ 725 Million (excluding Green Shoe Option) Foreign Currency Convertible Alternative Reference Securities Offering". The Company has now informed the Exchange that the Company has exercised the Green Shoe Option of USD 150 million. Consequently, the total size of the CARS offering will increased from USD 725 million to USD 875 Million. A copy of the press release dated August 07, 2007, titled "Foreign Currency Convertible Alternative Reference Securities Offering" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.7 Aug · Business
Press release dated August 6, 2007, titled "Tata Steel Limited prices a US$ 725 Million (excluding Green Shoe Option) Foreign Currency Convertible Alternative Reference Securities Offering". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Aug · Memorandum of Understanding
On August 03, 2007 the Company and Riversdale Mining Ltd. have entered into a Memorandum of Understanding, whereby the Company will become a strategic investor in Riversdale's Mozambique Coal Project, by acquiring 35% stake in it for a sum of A$100 million. Further, a copy of the press release in this regards shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2007
31 Jul · Business
Board approved the increased contribution of the Company/Tata Steel Asia Ltd. in the acquisition of Corus Group Limited, UK. In this regard the Company has submitted a copy of press release dated July 30, 2007 titled "Financing". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.30 Jul · Results
Standalone Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 419758 lacs for quarter ending on 30-JUN-2007 against Rs. 391585 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 122211 lacs for the quarter ending on 30-JUN-2007 against Rs. 95341 lacs for the quarter ending on 30-JUN-2006.19 Jul · Board meeting
Audited Financial Results of the Company for the Quarter ended June 30, 2007, will be taken on record.11 Jul · Meeting
Tata Steel Limited had informed the Exchange that the Annual General Meeting (AGM) will be held on July 18, 2007. The Company has now informed the Exchange that: "Arising from a combination of factors, including a delay in receiving approval from the Government of India exempting the Company from attaching the accounts of its subsidiaries in the Annual Accounts and the inclusion of substantial additional information because of the Centenary Year of the Company, there was a delay in the printing and despatch of the 2007 Annual Report to the shareholders. Consequently, it is possible that many shareholders may not have received the Notice convening the AGM on 18th July 2007 together with the Annual Report for the year ended 31st March, 2007, as per the time limit prescribed by the Companies Act, 1956. Accordingly in the best interest of the shareholders, the Board of Directors has rescheduled the AGM on Wednesday, 29th August 2007 at 3.30 p.m. at Birla Matushri Sabhagar, Mumbai".
May 2007
29 May · Memorandum of Understanding
The Company, today (i.e. 29th May, 2007) signed a Memorandum of Understanding (MoU) with Vietnam Steel Corporation (VSC) for the proposed steel project in Ha Tinh province in Vietnam. The Company has a Joint Venture with VSC through NatSteel which is a Singapore based subsidiary of the Company. The Company is further strengthening this relationship by partnering with VSC in establishing a steel project in the Ha Tinh province. Vietnam with a buoyant economy, significant market and raw material is an attractive destination for steel making. The plant is proposed to have an estimated capacity of 4.5 Million tons per annum which will be phased over ten 10 years. The scope and the investment will be estimated after the feasibility studies. The Company will have a minimum stake of 65% in the Steel project, which will be initiated on the successful completion of feasibility study and financial closure. Moreover, the Company will also have a stake of 30% in the Thach Khe Iron Ore Joint Stock Company which would undertake mining in the Thach Khe iron ore mine18 May · Management
The Board of Directors at its meeting held today (May 17, 2007), appointed following Corus Group Plc, UK directors on the Board of the Company, as additional directors : 1) Mr. Jim Leng as a Non Executive Independent Director designated as Deputy Chairman. 2) Mr. Philippe Varin as a Non Executive Director. 3) Mr. Jacques Schraven as a Non Executive Independent Director. 4) Dr. Anthony Hayward as a Non Executive Independent Director. The induction of the above mentioned four Corus' directors on the Board of the Company will bring in a rich and varied experience that would enable it to manage the business of the enlarged size and complexity17 May · Corporate action
Closure of the Register of Members from June 12, 2007 to June 22, 2007 (both days inclusive) for the purpose of Annual General Meeting and payment of dividend of 130% for the year ended March 31, 2007 and special dividend of 25% on the occasion of the Centenary Year of the Company, when sanctioned.17 May · Meeting
At the Board Meeting held on May 17, 2007 the Directors of Tata Steel Limited have recommended, subject to the approval of the shareholders at the Annual General Meeting, a dividend of 130% for the financial year 2006-07 and a Special Dividend of 25% on the occasion of the Centenary year of the Company. Further the Company has informed the Exchange that the Annual General Meeting of the Company will be held on July 18, 2007 to consider the accounts for the financial Year 2006-07.8 May · Board meeting
To consider the final accounts and the dividend for the year ended March 31, 2007.3 May · Business
"The Company has finalized the refinancing of its GBP 3,620 million acquisition bridge facility and revolving credit facility which had been provided by Credit Suisse, ABN AMRO and Deutsche Bank to fund its acquisition of Corus Group Plc that was completed on April 02, 2007". A copy of the press release in connection with the above dated May 03, 2007, titled "Corus Acquisition Financing" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Apr 2007
18 Apr · Allotment of shares
Tata Sons Limited on 16th April 2007 have exercised the option to convert 2,85,00,000 warrants into ordinary shares of the Company at a price of Rs.484.27 p. per share. The Committee of Directors at its meeting held on 17th April 2007 has approved the allotment to Tata Sons Limited of 2,85,00,000 Ordinary Shares of Rs.10 each at a premium of Rs.474.27 p. per share17 Apr · Business
April 17, 2007 that "At the meeting held today, the Board approved the sources of funding of the Company's investment of USD 4.1 billion (about Rs.17,750 crores) in the SPV for acquiring Corus Group Plc, UK". A copy of the press release in this regard shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.13 Apr · Results
Since the Company will be publishing audited financial results for the year ended 31.3.2007 before the end of June 2007, i.e. within three months from the close of the financial year, unaudited financial results for the last quarter of the year ended 31.3.2007 will not be published.10 Apr · Board meeting
To consider possible proposals for raising equity funds as part of its long-term fund raising exercise to finance the Company's investment in the SPV (Special Purpose Vehicle) for acquiring Corus Group Plc, UK.2 Apr · Business
"The Company is happy to announce that it has completed its 6.2 billion (US$12 billion) acquisition of Corus Group plc (Corus) at a price of 608 pence per ordinary share in cash. The enlarged company will have a pro forma crude steel production of 27 million tonnes in 2007 and will be the world's fifth largest steel producer with 84,000 employees across four continents." The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Apr · Business
The Company, pursuant to the Sale Agreement signed today (April 02, 2007) has agreed to sell its Cold Rolling Mill at Sisodra, as a going concern to Theis Precision Steel India Pvt. Ltd. (Theis), an indirect wholly owned subsidiary of Friedr. Gustav Theis Kaltwalzweke GmbH, Germany at a consideration of Rs.67 crores. The above transaction is subject to Theis completing the conditions precedent by 30th April 2007
Mar 2007
28 Mar · Release
"At a hearing held on 27th March 2007, the High Court of Justice in England and Wales passed an order sanctioning the Scheme of Arrangement (the "Scheme") relating to the recommended offer for acquisition of Cours Group Plc, by the Company through its wholly owned indirect subsidiary, Tata Steel UK Limited, at a price of 608 pence per ordinary share in cash. This follows approval of the Scheme, by the requisite majorities of Corus shareholders, at the Court Meeting and the Extraordinary General Meeting, which were held on 7 March 2007. The expected timetable of the remaining principal events required to implement the Scheme is as follows: 29 March 2007 - Dealings in Corus Shares suspended on the London Stock Exchange and the Amsterdam Stock Exchange and dealings in Corus ADSs suspended on the New York Stock Exchange. 30 March 2007 - Court hearing to confirm the Reduction of Capital. 2 April 2007 - Effective Date of the Scheme and the Reduction of Capital. The Company is required under terms of the Scheme to despatch the consideration within 14 days from the Effective Date". The detailed announcement released in London on March 27, 2007 shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Mar · Business
The Company pursuant to the Definitive Agreement signed on 15th January 2007, has acquired 100% of equity stake in Rawmet Industries Private Limited (Rawmet), a company having its registered office at Kolkata, at an enterprise value of Rs.101 crores. It has a Ferro Alloy Plant near Cuttack, consisting of two 16.5 MVA semi closed electric arc furnace having a capacity of producing around 50,000 tonnes per annum of High Carbon Ferro Chrome. The Board of Rawmet has been reconstituted with nominees of the Company. Its Board now consists of five Directors out of which four are nominees of the Company8 Mar · Business
As part of the Company's focus on regional consolidation, NatSteel Asia Pte. Ltd. (NSA), a wholly owned subsidiary of Tata Steel Limited has entered into an agreement to acquire controlling equity stake in two rolling mills located in Haiphong, Vietnam, subject to certain conditions. The acquisition aggregating to 430,000 tpa finishing capacity will be made in the following two companies: (a) 100% equity holding in a 250,000 tpa bar/wire rod mill in SSE Steel Ltd. and (b) 70% equity holding in Vinausteel Ltd. which produces 180,000 tpa reinforcing bar. (The remaining 30% equity is held by Vietnam Steel Corporation). The enterprise value for the above acquisition is around US $ 41 million, subject to certain closing adjustment on the completion date. This transaction is likely to be completed by June 2007. SSE Steel has one of the most modern rolling mills in Vietnam and the Vinausteel brand is one of the best Known brands in Vietnam for reinforcement bars. The acquisition of these two mills will allow Tata steel to complement, strengthen and expand its current presence in Vietnam. The Company through its subsidiary presently operates a 100,000 tonnes p.a. reinforcing bar / wire rod mill in a joint venture with VSC in Thai Nguyen which is located about 70 Km north of Hanoi. The above acquisition demonstrates Tata Steel's focus on De-integration strategy and will provide the Company with larger footprint in the growing South East Asian Region including Vietnam8 Mar · Outcome of Court Convened Meeting
"At the meeting convened by the Court and held earlier today, 7 March 2007, (the "Court Meeting") and at the subsequent Extraordinary General Meeting the scheme of arrangement (the 'Scheme') to implement the recommended offer for Corus by Tata Steel UK Limited, a wholly-owned indirect subsidiary of the Company at a price of 608 pence per ordinary share in cash (the "Tata Offer") was considered. At both the Court Meeting and the Extraordinary General Meeting, Shareholders approved the Scheme by the requisite majority. Voting Results: The voting results in relation to the Court Meeting and Extraordinary General Meeting are summarised below: (1) Court Meeting - Description: To Approve the Scheme; For Votes - 226783105 (97.43%); Against Votes - 5988195 (2.57%) (2) Extraordinary General Meeting - Description: Special Resolution to approve the Scheme, to amend the Articles of Association of the Company, to cancel all the Cancellation Shares and the Corus Deferred Shares, to reduce the share capital of the Company, to increase the authorised capital of the Company and to authorise the allotment of shares; For Votes - 227167597 (97.48%); Against Votes - 5866894 (2.52%); Abstentions - 2252884. In total, 31,985 shareholders holding, in aggregate, 232,771,300 shares attended the Court Meeting in person and shareholders holding, in aggregate, 233,034,491 shares attended the Extraordinary General Meeting in person. The announcement released in London shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2007
28 Feb · Demise
February 28, 2007 that "Mr. P. K. Kaul, financial institutions' nominee director on the Board of the Company expired in New Delhi, today".28 Feb · Business
Press release, titled "Dhamra Port Achieves Financial Closure". The copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.15 Feb · Business
Tata Steel UK Limited, indirect wholly owned subsidiary of the Company has acquired 7,136,094 of equity share capital of Corus Group Plc, UK at 601.75 pence per share on 14th February 2007. With the above purchase, Tata Steel UK holds 207,092,046 (21.9%) equity share capital of Corus Group Plc, UK7 Feb · Business
January 31, 2007 that further to the Company's letter of even date on acquisition of Corus Group Plc, the Board of Corus Group Plc, UK at its meeting held on January 31, 2007 has recommended to its shareholders the revised acquisition by the Company. The announcement in respect of the recommended revised acquisition released in London shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.7 Feb · Business
Tata Steel UK Limited, indirect wholly owned subsidiary of the Company has acquired 199,955,952 i.e. 21.1% of equity share capital of Corus Group Plc, UK at 608 pence per share on 31st January 2007
Jan 2007
31 Jan · Business
January 31, 2007 that "On 20th October 2006, the Company announced a cash offer of 455 pence per share for Corus Group Plc. (Corus), valuing it at GBP 4.3 billion. Further, on 11th December 2006, the Company announced the terms of a revised offer for Corus at 500 pence per share, valuing it at GBP 4.7 billion. On conclusion of the auction process conducted by the UK Takeover Panel today for the acquisition of Corus, the Company has agreed the terms of an increased acquisition (the Revised Acquisition), at a price of 608 pence per share in cash for acquisition of Corus. The terms of the Revised Acquisition value the entire existing issued and to be issued ordinary share capital of Corus at approximately GBP 6.2 billion. The revised offer of the Company is higher by 5 pence than the final offer made by Companhia Siderurgica Nacional (CSN) in the auction. The acquisition is proposed to be effected by means of a scheme of arrangement under Section 425 of (English) Companies Act 1985, subject to, inter alia, High Court of Justice in England and Wales and Corus shareholders' approvals being obtained. This announcement is not intended to and does not constitute, or form part of, or any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction." The Company also submitted a announcement released in London dated January 31, 2007, titled "Revised Acquisition of Corus by Tata Steel" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.27 Jan · Miscellaneous
January 24, 2007 that NatSteel Asia Pte. Ltd., Singapore, a wholly-owned subsidiary of the Company has acquired today equity shares in the following companies from Southern Steel Berhad, Malaysia: (i) 40% equity interest in NatSteel Trade International Pte. Ltd. for a cash consideration of S$ 6,538,000 (present holding 60%), (ii) 50% equity interest in NatSteel (Xiamen) Ltd. (formerly known as Southern NatSteel (Xiamen) Ltd.) for a cash consideration of S$ 19,357,000 (present holding 50%) and, (iii) 22.6% equity interest in NatSteel Vina Co. Ltd. for a cash consideration of S$ 3,105,000 (present holding 33.9%). On completion of the above acquisitions, NatSteel Trade International Pte. Ltd and Southern NatSteel (Xiamen) Ltd., have become wholly- owned subsidiaries of NatSteel Asia Pte. Ltd. and NatSteel Vina Co. Ltd. has become its subsidiary with equity holding of 56.5%.19 Jan · Board meeting
Audited consolidated financial results and the audited financial results of the Company for the quarter/ nine months ended 31st December, 2006, will be taken on record.16 Jan · Business
The Company has entered into the Definitive Agreement to acquire 100% equity stake in Rawmet Ferrous Industries Private Limited (Rawmet), at an enterprise value of Rs. 101 crores, out of which Rs.41.31 crores is towards equity of Rawmet. The Company expects this transaction to be completed by end of February 200715 Jan · Business
The Company has entered into a Definitive Agreement to acquire 100% equity stake in Rawmet Ferrous Industries Pvt. Ltd., a company having registered office at Kolkata and Ferro Alloy Plant near Cuttack consisting of two 16.5 MVA semi closed electric arc furnace having a capacity of producing around 50,000 tonnes of high carbon ferro chrome per annum. The agreement was signed at Bhubaneswar by the Company and the representatives of IMR Metallurgical Resources AG which holds 66.46% equity stake, Rawnet Commodities Pvt Ltd. which holds 12.48% equity stake and other shareholders of the said company. On conclusion of the above transaction, the Board of Rawnet Ferrous Industries Pvt Ltd will be reconstituted to include representatives of the Company.