Tata Steel Ltd Partly Paid Up

Read More

• Tata Steel Limited is engaged in the business of extracting & producing steel. The company's trading activity is currently suspended on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) as of 16 April 2021. This company was incorporated in 1907. The company has reported revenue of Rs. 60,435.97Cr at the end of the financial year 2019-20. The company is listed BSE, having the code 890144 and on the National Stock Exchange (NSE) with the symbol TATASTEELPP. It was founded in 1907 in India as Asia's first integrated private steel company headquartered in Mumbai. The company boasts about being the world's second-most geographically diversified steel producer. Tata Steel, Asia's first integrated private steel firm, is headquartered in Mumbai, India. It was established in 1907 in India and is now one of the world's largest steel producers. With its annual crude steel capacity across about 13 MnTPA, the company registered a US $7889 Million turnovers in the financial year 2017. With a diversified range of products like Automotive Steels, Galvanized Plain sheets and coils, agricultural implements, hot and cold rolled coils and sheets, bearings, mining, beneficiation, production and sales of alloys, Pipes, Precision Tubes, coated coils, wire rods etc., the company works in the segments like Agriculture, Energy And Power, Automotive Steels, Construction, Consumer Goods, Engineering and Material Handling. The company possesses and operates captive mines to maintain production efficiencies and cost-competitiveness, facilitating a continuous supply of raw material at the lowest cost steel production in Asia. Formerly known as Tata Iron and Steel Company Limited, it is a subsidiary of the Tata Group. The company conducts operations in 26 countries and is commercially present in over 50 countries with employees across five continents. While the company utilizes Shared Services to ensure smooth production, its raw materials and iron-making groups handle the essential manufacturing functions. The company is one of the fully integrated steel companies that manage operations like mining, manufacturing, and marketing of finished products under one roof. The company recommended a dividend of Rs. 5.00/- per Equity Share of Rs. 10.00/- each (50%) to the company's shareholders for the Financial Year 2021. The company has not traded from the month of February 2021 on NSE or BSE.