Tata Steel Share Price in Focus as Company Approves Ceramat Exit

Tata Steel Advanced Materials Ltd (TSAML), a wholly owned subsidiary of Tata Steel Ltd, has approved the sale of its entire holding in Ceramat Private Ltd (CPL), as per the exchange filing. The decision was taken at the board meeting held on August 18, 2025. A share purchase agreement was signed the same day with the identified buyer.

Buyer and Transaction Details

The stake has been sold to Lionstead Applied Materials Pvt Ltd, a wholly owned subsidiary of Lionstead Ventures LLP. The buyer is not part of Tata Steel’s promoter group or group companies. The agreement was signed between TSAML, CPL, Lionstead, and other shareholders of CPL.

TSAML held 90% of the equity shares and 100% of the preference shares in CPL. Following the transaction, TSAML no longer holds any securities in CPL. As a result, CPL ceases to be a subsidiary of Tata Steel Ltd.

The consideration for the transaction amounts to ₹99,99,900. The payment is receivable upon transfer of the equity and preference shares by TSAML. The divestment was completed on the same date as the board’s approval.

Ceramat Financial Performance

Ceramat Private Ltd had a turnover of ₹1.73 crore in FY2024-25, which represented 0.001% of Tata Steel’s consolidated turnover. Its net worth as of March 31, 2025, was ₹12.89 crore, forming 0.014% of the consolidated net worth of Tata Steel.

Tata Steel confirmed that the sale is not classified as a related-party transaction. The company made this disclosure in compliance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Read more: Reliance Expands into Functional Beverages with Shunya JV!

Tata Steel Share Price Performance 

As of August 19, 2025, 10:47 AM, Tata Steel share price was trading at ₹158.19, up ₹0.23 or 0.15% from the previous close price.

Conclusion

With the completion of this deal, Tata Steel Advanced Materials has exited its investment in Ceramat Private Ltd. The subsidiary will no longer appear in Tata Steel’s consolidated accounts.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.