NCLT Approves Tata Steel Merger With Rujuvalika Investments, Simplifying Conglomerate Structure

NCLT Approves Tata Steel Merger With Rujuvalika Investments, Simplifying Conglomerate Structure

India’s NCLT Mumbai bench sanctioned the Tata Steel-Rujuvalika amalgamation originally proposed in 2024, removing a cross-holding layer and improving corporate governance transparency for India’s flagship steel producer.

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