Tata Steel Ltd

Acquisition details

• Target: TM International Logistics Limited, a logistics services company in India.
• Acquisition size: ₹335 crore for 23% equity stake via 41,40,000 shares.
• Post-transaction holding: Tata Steel 74%, NYK 26%; TMILL becomes a subsidiary.
• Regulatory: Competition Commission of India approved on August 18, 2026.
• Timeline: completion on August 20, 2026.
• JV termination: existing JV agreements with IQ terminated on August 20, 2026.
• Purpose: consolidate TMILL as subsidiary to expand logistics capabilities.
• Industry/sector: logistics services; country: India.
• Form of consideration: not disclosed; aggregate ₹335 crore.
• Acquired stake: 23% stake.

Target background

• TMILL is a 51:26:23 JV among Tata Steel, NYK, IQ.
• Target products/services: logistics and freight forwarding.
• Incorporation date: not disclosed; turnover history not disclosed.

Divestment of JFSPL stake

• Approved transfer of 4,08,00,000 equity shares for ₹100 cash.
• Entered into SPA with Churchill Brothers; completion subject to AIFF approvals and conditions precedent.
• Sale not a related party transaction.
• FY2025-26 turnover ₹32.23 crore; net worth ₹(5.8) crore.
• Expected completion by 31 August 2026, subject to conditions.
• Buyer Churchill Brothers FC is not promoter group.
• ISL license and contracts for 12 players and 2 coaches to transfer.
• Committee of Directors approved the divestment at Aug 14, 2026 meeting.

Meeting Details

• Date and time: August 18, 2026 at 10:00 a.m. IST.
• Type/ mode: One-to-One and Group Meeting; physical in Mumbai.
• Event: Motilal Oswal 22nd Annual Global Investor Conference.
• Purpose: Schedule/intimation of investor meeting with Motilal Oswal.
• Key company participants: not disclosed.

Meeting Details

• Date and time: August 12, 2026, 10:00 IST.
• Organizer: Emkay Confluence 2026.
• Venue: Mumbai; meeting type: One-to-One / Group Meeting.
• Mode: Physical.

Purpose

• Purpose: Analyst / Institutional Investor Meeting.

Meeting Details

• 1QFY27 Earnings Discussion for Tata Steel; Friday, July 31, 2026, 12:00–01:30 PM IST; virtual via WebEx.

Participants

• Key company participants: CEO/MD, CFO, and Company Secretary & Chief Legal Officer.

Purpose

• Purpose: Earnings discussion for the quarter ended June 30, 2026.

Additional Notes

• Recording or transcript availability not specified.

Meeting Details

• Date: July 30, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve audited standalone and unaudited consolidated results for quarter ended June 30, 2026.

Other Notes

• Trading window closed from June 24, 2026; will reopen 48 hours after results are announced.