15
Jan
12:33
Tata Steel completes TCIL, Metaliks mergers
Indian steelmaking major Tata Steel says its merger with the Tinplate Company of India (TCIL) has become effective on 15 January. TCIL has been amalgamated into Tata Steel and is now dissolved without being wound up, Kallanish notes.
The merger was approved and sanctioned by the National Company Law Tribunal (NCLT) Mumbai Bench in October 2023 and by NCLT Kolkata Bench on 1 January 2024.
According to a bourse filing, TCIL’s authorised share capital of INR 4…
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