Brief: Tata Steel To Buy 23% Stake in TM International Logistics
15/05/2026 13:24
May 15 (Reuters) - Tata Steel Ltd TISC.NS: RECOMMENDS DIVIDEND OF 4 RUPEES PER EQUITY SHARE FOR FY2025-26 ACQUISITION OF EQUITY STAKE IN TM INTERNATIONAL LOGISTICS DEAL FOR 3.35 BILLION RUPEES ACQUISITION OF 23% EQUITY STAKE IN TM INTERNATIONAL LOGISTICS TATA STEEL NETHERLANDS PAID MORE THAN EUR 20 MILLION OF PENALTIES IN FY2026 IN RELATION TO COKE AND GAS PLANTS LOCAL PROVINCE ISSUED LETTER TO TATA STEEL NETHERLANDS INDICATING INTENTION TO REVOKE OPERATING PERMITS FINANCIAL STATEMENTS OF TATA STEEL NETHERLANDS PREPARED TAKING ACCOUNT OF MATERIAL UNCERTAINTY TATA STEEL NETHERLANDS ENGAGED WITH REGULATORS ON CLASSIFICATION,DISPOSAL OF STEEL SLAG TATA STEEL NETHERLANDS ALSO EXPLORING LEGAL RECOURSE TO ENSURE CLOSURE PROCESS IS MANAGED WITH DUE CARE Source text: ID:nBSE5BwZqn Further company coverage: TISC.NS ((Reuters.Briefs@thomsonreuters.com;))