Tata Steel Announces Merger With 7 Self Group Companies

Tata Steel's seven-member board has approved the amalgamation of seven subsidiaries with itself, confirmed the company in a regulatory filed on September 23. Although the nod was received on September 22, the notification was released the next day. The seven companies merging are Tata Steel Long Products, The Tinplate Company of India, Tata Metaliks, TRF, The Indian Steel & Wire Products, Tata Steel Mining, and S and T Mining Company.