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Company News Details

Tata Steel Ltd
Industry :  Steel - Large
BSE Code
ISIN Demat
Book Value()
500470
INE081A01020
137.5435247
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
TATASTEEL
12.93
232193.61
EPS(TTM)
Face Value()
Div & Yield %
14.39
1
2.15
 

Tata Steel hikes stake in Creative Port Development
Nov 07,2026
Tata Steel completed the acquisition of 38,222 equity shares of face value Rs 10/- each in Creative Port Development (CPDPL), a subsidiary of the Company, due to conversion of 25,10,830 Optionally Convertible Redeemable Preference Shares (‘OCRPS') held by the Company in CPDPL in the ratio of 1 equity share of Rs 10/- each for every 65.69 number of OCRPS of Rs 100/- each, as per the terms of the issue.

Post this conversion, the Company's equity stake in CPDPL has increased by 6.5% from 51% to 57.5% and CPDPL continues to remain a subsidiary of the Company

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