Tata Steel eyes NINL merger this fiscal; Rs 40,000 crore expansion awaits clearance

Nov 15, 2026 - 15:30
Tata Steel eyes NINL merger this fiscal; Rs 40,000 crore expansion awaits clearance

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Tata Steel plans to finalize the merger of Neelachal Ispat Nigam Ltd (NINL) this financial year. The National Company Law Tribunal (NCLT) will review the proposed merger soon. Tata Steel has previously acquired NINL's assets for Rs 12,100 crore to enhance production capacity. The company aims to add 5 million tonnes of capacity at the facility located near Kalinganagar steel plant.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0