The Competition Commission of India approved Tata Steel Limited’s acquisition of a 50.01 percent shareholding in Thriveni Pellets Private Limited from Thriveni Earthmovers Private Limited. The decision was published on 20 January 2026.
Under the approved transaction, Tata Steel will obtain a majority stake in Thriveni Pellets, thereby gaining control of the company. The acquisition is intended to strengthen Tata Steel’s raw material supply and support its integrated production structure.
Tata Steel operates across a wide range of activities, from mining to steel production and advanced processing. In addition to the production and sale of steel and steel products, the company serves multiple sectors including agriculture, automotive, construction, energy, and infrastructure. Its operations also include iron ore mining, pellet production, sponge iron, and crude steel manufacturing.
Thriveni Pellets Private Limited is a privately held company engaged in the sale of iron ore pellets in India. Its wholly owned subsidiary, Brahmani River Pellets Limited, carries out the production and sale of iron ore pellets within the country.
The CCI stated that the detailed reasoned decision regarding the transaction will be shared with the public at a later date.
Comments
No comment yet.