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Tata Steel targets NINL amalgamation by FY27: CFO Koushik Chatterjee
Tata Steel is looking to complete the amalgamation process of Neelachal Ispat Nigam Ltd (NINL) in this financial year, a top company official said. NINL assets were acquired by the steel giant through its erstwhile subsidiary Tata Steel Long Products (TSLP) for Rs 12,100 crore. "The amalgamation of NINL with Tata Steel remains on track for completion this financial year," Koushik Chatterjee, Executive Director and Chief Financial Officer (CFO) of Tata Steel, said. However, the amalgamation rema…
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