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The Tata Steel board approved the merger of six subsidiariesMEERI News

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Subsidiaries are Tata Steel Long Products Limited, in which Tata Steel holds 74.91 per cent equity, The Tinplate Company of India Limited (74.96 per cent), Tata Metallics Limited (60.03 per cent), Indian Steel and Wire Products Limited (95.01 per cent) equity holding. ), Tata Steel Mining Limited and S&T Mining Company Limited (both wholly owned subsidiaries).

“The Tata Steel Board has approved the merger of strategic businesses into the company,” the statement said.

The Board has also approved the merger of Tata Steel’s associate company TRF Limited (34.11 per cent equity) into Tata Steel Limited.

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