Tata Steel Limited (TTST) has confirmed that its Scheme of Amalgamation with wholly owned subsidiary Rujuvalika Investments Limited (RIL) became operative on 3 November 2026, following the successful completion of regulatory filings with India's Registrar of Companies. The development marks the conclusion of a merger process sanctioned by the National Company Law Tribunal, Mumbai bench, via an order dated 1 October 2026. As a result of the amalgamation, Tata Steel's authorised share capital has increased to ₹32,621.05 crore. Investors in the London-listed steel giant will be watching for any further structural or operational disclosures following this consolidation.

Key Points

  • Tata Steel Limited (TTST), one of the world's largest steel producers, listed on the London Stock Exchange
  • The Scheme of Amalgamation with Rujuvalika Investments Limited became effective on 3 November 2026
  • Authorised share capital of Tata Steel now stands at ₹32,621.05 crore following the merger of RIL's ₹1.55 crore authorised equity share capital
  • Investors should watch for any further disclosures regarding operational integration or capital structure changes stemming from this amalgamation

NCLT Order and ROC-MCA Filings Complete the Merger of RIL into Tata Steel

The amalgamation process was triggered by an order from the National Company Law Tribunal, Mumbai bench, dated 1 October 2026, which approved and sanctioned the Scheme of Amalgamation. Following that order, Rujuvalika Investments Limited filed a certified copy with the Registrar of Companies, Mumbai, Ministry of Corporate Affairs, Government of India on 28 October 2026. Tata Steel itself then completed its own filing on 3 November 2026. Both filings were made in compliance with Section 232 of the Companies Act, 2013, read with Rule 25(7) of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, the announcement states.

Tata Steel's Authorised Share Capital Rises to ₹32,621.05 Crore After RIL Merger

A direct consequence of the amalgamation becoming effective is an amendment to Tata Steel's Memorandum of Association. The authorised equity share capital of RIL, amounting to ₹1.55 crore, has been merged into Tata Steel's authorised share capital under the class of Ordinary (Equity) Shares, each carrying a face value of ₹1. As a result, the company's total authorised share capital now stands at ₹32,621.05 crore, according to the announcement. The disclosure notes this change has been effected in accordance with the terms of the Scheme of Amalgamation.

Tata Steel's SEBI Compliance Obligations Underpin the London Stock Exchange Disclosure

The announcement was submitted to the London Stock Exchange as part of Tata Steel's ongoing obligations under Regulations 30, 51, and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Tata Steel, a globally significant steel manufacturer with major operations across India, the United Kingdom, and the Netherlands, is dual-listed and subject to disclosure requirements across multiple jurisdictions. The disclosure references prior updates dated 1 October 2026 and 15 October 2026, indicating this finalises a sequence of regulatory communications related to the same amalgamation scheme.