Tata Steel seeks shareholder nod for $2.2bn related-party deals

Tata Steel (BSE:TATASTEEL) is seeking shareholder approval for a series of related-party transactions (RPTs) valued at approximately ₹2,200 crore with Tata International West Asia DMCC, and ₹4,572 crore with Tata Motors Limited , and ₹5,285 crore with Jamshedpur Continuous Annealing & Processing Company Private Limited in the fiscal year 2025-26, among other deals. These transactions, outlined in a postal ballot notice dated April 8, 2025, are aimed at optimizing business synergies, cost reduction, and supply chain efficiencies. Some deals pertain to overseas subsidiary operations.