Tata Steel Ltd
⚡ Tata Steel Acquires 26% Stake in TP Adarsh Limited
- Acquired 26% equity stake in TP Adarsh Limited (TPAL), a subsidiary of Tata Power Renewable Energy Limited (TPREL)
- Transaction completed on April 21, 2026
- Subscribed to 5,900,000 equity shares at ₹10 face value each
- Total investment of ₹5.9 crore
- Approved by Tata Steel's Board of Directors on July 30, 2025
- TPAL is now an indirect associate company of Tata Steel