Tata Steel inches up on executing share subscription, shareholders` pact with TPREL, TPAL
Tata Steel is currently trading at Rs. 212.40, up by 0.35 points or 0.17 % from its previous closing of Rs. 212.05 on the BSE.
The scrip opened at Rs. 211.80 and has touched a high and low of Rs. 213.20 and Rs. 210.60 respectively. So far 308444 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 216.50 on 25-Feb-2026 and a 52 week low of Rs. 137.30 on 23-Apr-2025.
Last one week high and low of the scrip stood at Rs. 214.50 and Rs. 208.45 respectively. The current market cap of the company is Rs. 265647.94 crore.
The promoters holding in the company stood at 33.19%, while Institutions and Non-Institutions held 45.43% and 20.90% respectively.
Tata Steel has executed the share subscription and shareholders’ agreement (SSSA) with Tata Power Renewable Energy (TPREL) and TP Adarsh (TPAL) and completed the acquisition, by way of subscription, of 59,00,000 equity shares of face value of Rs 10 each of TPAL (26% equity shareholding) for an aggregate consideration of Rs 5.90 crore. Post this transaction, TPAL has become an indirect associate company of Tata Steel.
Earlier, the board of directors of the company at its meeting held on July 30, 2025, had approved the infusion of an amount up to Rs 6 crore, in one or more tranches, in TPAL, wholly owned subsidiary of TPREL.
