Date of Order: 20 January 2026
Authority: Competition Commission of India (CCI)
Parties: Tata Steel Limited – Acquirer company
Thriveni Pellets Private Limited – Target company (majority stake acquired from Thriveni Earthmovers Private Limited)
On 20 January 2026, the Competition Commission of India (CCI), which has statutory jurisdiction under the Competition Act, 2002, granted approval for Tata Steel Limited to acquire 50.01% of the equity share capital of Thriveni Pellets Private Limited from Thriveni Earthmovers Private Limited. Prior to this, Tata Steel’s board had approved the transaction in December 2025 as part of its strategy to enhance raw material security for its integrated steel operations. The CCI’s clearance meant that the proposed combination did not pose a significant appreciable adverse effect on competition in the relevant market and complied with regulatory thresholds. Following the approval, Tata Steel completed the acquisition on 30 January 2026, formally taking control of the target company and its wholly-owned subsidiary, Brahmani River Pellets Limited, thereby strengthening its supply chain for iron ore pellets. As of now, the acquisition stands fully implemented, and both TPPL and its subsidiary are subsidiaries of Tata Steel, with no public reports of legal challenges to the CCI order.