Tata Steel secures full ownership of Tata Steel Colors, strengthens downstream portfolio

Jamshedpur: Tata Steel Limited has successfully completed the acquisition of the residual stake in Tata Steel Colors Private Limited, elevating the company to a 100 percent wholly owned subsidiary and reinforcing its strategic foothold in the value-added steel segment.

As per an official disclosure, the transaction was concluded on April 9, 2026, with Tata Steel acquiring the remaining 10,000 equity shares—constituting 0.01 percent of the total shareholding—for a consideration of  Rs 0.03 crore. 

The shares, each bearing a face value of Rs 10, were purchased from BlueScope Steel Asia Holdings Pty Ltd in line with a Share Purchase Agreement executed on November 12, 2025.

Following this acquisition, Tata Steel’s stake in Tata Steel Colors has risen from 99.99 percent to complete ownership, formally bringing the entity under its full control as an indirect wholly owned subsidiary.

The company noted that the disclosure has been made in compliance with Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Formerly operating as Tata BlueScope Steel Private Limited, Tata Steel Colors is engaged in the coated steel business and continues to play a pivotal role in strengthening Tata Steel’s downstream capabilities and expanding its portfolio of high-value, customer-centric products.