Tata Group In Rejig Mode, 7 Tata Metal Companies To Merge With Tata Steel

CHENNAI: Steel major Tata Steel Ltd on Friday announced a mega merger of listed and unlisted companies, mainly to derive business synergies and also to reduce and simplify the Tata Group's steel business structure.

Tata Steel's Board on Thursday approved the amalgamation of seven group companies with the former.The merging seven companies are: Tata Steel Long Products Ltd, Tinplate Company of India Ltd, Tata Metaliks Ltd, TRF Ltd, Indian Steel & Wire Products Ltd, Tata Steel Mining Ltd, and S & T Mining Company Ltd. IANS

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