Tata Steel has completed the acquisition of the remaining equity stake in Tata BlueScope Steel Private Limited, taking its ownership to nearly 100%, according to a regulatory filing made on Tuesday.
In an exchange disclosure, Tata Steel said it has acquired 43,29,90,000 equity shares of face value Rs 10 each for a total consideration of Rs 1,099.97 crore from BlueScope Steel Asia Holdings Pty Ltd, in line with the share purchase agreement executed on November 12, 2025 .
Tata BlueScope Steel was earlier a 50:50 joint venture between Tata Steel, through its wholly owned subsidiary Tata Steel Downstream Products, and BlueScope Steel Limited, through its subsidiary BlueScope Steel Asia Holdings.
Following the completion of the transaction on December 31, 2025, Tata Steel now directly and indirectly holds 99.99% stake in Tata BlueScope Steel, resulting in the company becoming an indirect subsidiary of Tata Steel.
The acquisition has been carried out in compliance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, the filing said.
Tata BlueScope Steel operates in the coated steel and building solutions segment, serving infrastructure, construction, and industrial markets in India.
