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Tata Steel has completed the acquisition of BlueScope’s stake in Tata BlueScope Steel Pvt. Ltd. (TBSPL), taking its direct and indirect holding to 99.99% and effectively ending the earlier 50:50 joint venture structure. The transaction was completed on December 31, 2025, as per Tata Steel’s stock exchange disclosure.
Under the deal, Tata Steel acquired 43,29,90,000 equity shares of face value ₹10 each in TBSPL from BlueScope Steel Asia Holdings Pty Ltd, for a consideration of ₹1,099.97 crore. The purchase was executed under the Share Purchase Agreement dated November 12, 2025.
Post-transaction, TBSPL becomes an indirect subsidiary of Tata Steel. Market-wise, the move strengthens Tata Steel’s position in value-added/downstream steel, particularly in coated products and building solutions—segments where branding, distribution and end-use linkages matter as much as primary steel capacity.
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