Tata Steel completes merger of S & T Mining with itself

04 Dec 2023 Evaluate

Tata Steel has completed the merger of S & T Mining Company with itself. The scheme of amalgamation of S & T Mining Company (S&T Mining) into and with Tata Steel was approved and sanctioned by National Company Law Tribunal (NCLT) Kolkata vide order dated November 10, 2023.

Scheme of amalgamation has become operative and effective from December 1, 2023. In terms of the scheme of amalgamation, S&T Mining stands dissolved without being wound up, effective December 1, 2023. The company is in the process of merging a number of subsidiary companies with itself.

Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.


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