Tata Steel Ltd Stock Price History & Milestones

1907

The Tata Iron and Steel Company Limited incorporated on August 26 in Mumbai.

1910

Tata Steel obtained first colliery.

1912

First ingot rolled.
Bar mills commenced operations.
8-hour working day introduced.

1917

1,50,000 equity shares issued at par; 26,250 deferred shares at premium Rs.370.

1919

7,00,000 second pref. shares issued; 6181 forfeited.

1938

Electric process introduced for steel production.

1954

8750 deferred shares converted to 292,500 equity shares.
642,500 bonus equity shares issued.

1956

12,85,000 rights equity shares issued.

1959

11,524 bonus equity shares allotted.

1960

3,75,000 A IInd pref. and 6,18,372 equity shares offered.

1961

1,330 A IInd pref. shares and 2,959 equity shares subscribed.

1967

14,69,722 bonus equity shares issued.

1973

West Bokaro Ltd amalgamated.
Coal fine washeries set up at Jamadoba and West Bokaro.

1980

Tata Steel and ACC signed long-term slag agreement until 1991.
Modernisation programme of Jamshedpur steel works initiated.

1982

Irredeemable preference shares converted to redeemable non-convertible bonds Rs.11.40 crores.

1983

Indian Tube Company Limited amalgamated.
Acquired bearings plant of Metal Box India at Kharagpur.
Acquired Barings Unit of Metal Box Company.

1984

Formed Kumardhubi Metal Castings & Engineering Co. Ltd with BSIDIC.
15% non-convertible debentures Rs.50 crores offered.

1985

Indian Tube Co. Ltd amalgamated with TISCO.
72,153 equity shares issued to ITC shareholders.
9,89,077 shares issued on bond conversion.

1986

Rs.18.5 crores waste-recycling plant commissioned.

1987

300,000 tonne bar and rod mill commissioned.
Rs.16 crores investment approved in Tata Timken Ltd.
33,05,147 bonus shares allotted; 40,16,000 rights shares issued.

1988

New sinter plant 1.3 mtpa, coke oven battery, blending yard, bar/rod mill 300,000 tpa, +60 MW power installed.
75 equity shares allotted to employees from 1987 rights.
Blue dust utilised in sinter making.
Letter of intent received for cement plants at Nipania/Sonadih and Jamshedpur.

1989

Civil works commenced on 1 mtpa hot strip mill, blast furnace, energy optimising furnace.
Issued debentures Rs.565 crores including fully and partly convertible.

1990

80-tonne energy optimising furnace commissioned.

1991

Acquired ferro-chrome unit of OMC Alloys Ltd for Rs.156 crores.
Formed Agency department for steel trading.

1992

500 tpd oxygen plant commissioned.
1 mtpa 'G' blast furnace commissioned.
17.5% non-convertible debentures Rs.185 crores privately placed.
Secured Premium Notes Rs.300 each issued.
920,54,616 rights shares issued at premium Rs.70.

1993

Strip mill facilities and 1 mtpa hot strip mill commissioned.
Cement units at Sonadih and Jojobera commissioned.
27,72,230 equity shares allotted per detachable warrants.
15,96,202 shares allotted on warrants.
2.25% convertible bonds due 1999 offered for US$100 million.

1994

Cement grinding operations at Jojobera affected.
Tata Steel issued 2.25% convertible bonds due 1999 convertible into GDRs.
3,00,00,000 naked warrants allotted to Tata Companies.

1995

Hot Strip Mill expansion to 2 mtpa and saleable steel to 3.20 mtpa planned.
Bar and rod mill 500,000 tpa and forging quality facility planned.
Cold rolling unit planned at Gopalpur, Orissa.
Sukinda mining lease reduced to 406 hectares.
30,018,246 equity shares allotted to Tata Sons on warrants.

1996

Hot strip mill production exceeded rated capacity.
Coal tar injection introduced in blast furnaces.
15,517 shares allotted on exercise of warrants.

1997

Second Slab Reheating Furnace Phase IV commissioned.
Coke Oven Battery No.8 lit up.
Tata Steel opened Jaiprakash Narain bridge.
Tata Steel built transport park.
Tata Steel provided Jeevan Jyoti clinics and family programmes.
International trading division awarded ISO-9002.
Tata Steel bagged Prime Minister's Trophy for 1994-95.
Tata Steel won safety prizes.
Tata Steel entered technical tie-ups with Lurgi Metallurgie and Thyssen.
Tata Steel and Inland Steel formed Tata Ryerson Ltd JV.
Tata Steel entered agreement with NSDL for dematerialising shares.
Tata Steel took over ACC slag granulation plant operations.
SAIL and consultants signed technical consultancy agreement with TISCO.

1998

Tata Steel proposed cold rolling mill at Jamshedpur.
Tata Steel entered agreement with Vedika Software for internet hosting.
Tata Steel became world's largest producer of stamp-charged coke.
7,37,99,584 ordinary shares dematerialised.
Tata Steel acquiring Tata SSL cold rolled steel unit.
Tata Steel Equity Shares listed on NSE.

1999

Tata Steel achieved record production April-Dec 1998-99.
AGM approved cumulative redeemable preference shares up to Rs 250 crore.
Tata Steel evaluating acquisition of IDCOL ferro chrome plant.

2000

Tata Steel in talks with Usinor for SAIL Salem Steel Plant.
Tata Steel introduced pilot freight rationalisation project.
Tata Steel awarded All-India Trophy for Top Exporters.
Tata Steel planned 200,000 tonnes high carbon ferro chrome production.
Tata Steel entered understanding with Tata International for cold rolling exports.
Steel Division won JRD QV Award.
Tata Steel tied up with POSCO-Hyundai for cold rolled coils.
Tata Steel incorporated mySAP.com.
Tata Steel commissioned fifth stamp charged coke oven battery.
Tata Steel, SAIL, Kalyani Steel formed JV for e-commerce.
IBM India signed IT outsourcing agreement.
Stewarts and Lloyds set up propane plant for Tata Steel.
Tata Steel, SAIL, Kalyani Steel signed MoU for B2B steel marketplace.
Tata Steel bagged Prime Minister's Trophy for 1998-99.
Tata Steel bagged CII-Exim Bank Business Excellence Award.
Tata Steel launched Tata Tiscon.
Cold rolling mill set up at Jamshedpur.
metaljunction.com created with SAIL and Kalyani Steel.

2001

Tata Steel received National Award for Excellence in Corporate Governance.
Tata SSL became subsidiary.
World Steel Dynamics ranked Tata Steel as world's leading steel maker.
Tata Steel set up JV with IQ Martrade for port management.
Tata Steel increased prices of HR, CR galvanised products by Rs 500/tonne.
World Steel Dynamics ranked Tata Steel as India's only world-class steel maker.

2002

Noamundi Iron Mine received Indira Priyadarshini Vrikshamitra Award.
S A Sabavala resigned from Board.
Mantosh Sondhi ceased as Director.

2003

Tata Steel entered power distribution business in Jamshedpur.
Tata Steel received lenders proposal to acquire Neelachal Ispat Nigam.
Tata Steel signed agreement for titania project in Tamil Nadu.
Tata Steel awarded Engineering Export Promotion Council National Award.
Mines and FAMD divisions bagged safety awards.
Praxair bagged order for air separation plant at Jamshedpur.
Tata Steel launched Tata Steelium.
Tata Steel celebrated 75 years of industrial harmony.

2004

Tata Steel output of crude and saleable steel exceeded 3 million tonnes April-Dec.
Tata Steel received Petroleum Conservation Research Association award.
Tata Steel broke JV with Veolia Water.
Swosti group took over Tisco property at Gopalpur.
Flat products division awarded ISO/TS 16949 certification.
Jusco tied up with Minnaean Building Solutions for steel-based housing.
FAMD and Bearing Division received CII Productivity award.
Solid Energy signed 3-year coking coal supply contract.
Tata Steel signed barter agreement for iron ore and coke with Chinese company.
Sukinda Chromite Mine conferred SA:8000:2001 certification.
R&D team received Technology Day Meritorious Invention Award.
Tata Steel launched branded galvanised wire Wiron.
Tata Steel partnered with SAP India for business software.
Koushik Chatterjee appointed Vice President Finance.
Tata Steel and L&T signed JV for Dhamra port.

2005

Tata Steel signed JV agreements with Iranian Mines for steel-making and mining projects.
Tata Steel signed MOU with Nippon Steel for 6 mtpa plant in Kalinganagar.
Hoogly Met Coke and Power Co Ltd allotted land for Haldia project.
Tata Steel set up steel retail store Steeljunction.
Company changed name from Tata Iron & Steel Company Ltd. to Tata Steel Ltd. effective August 12.
Tata Steel acquired NatSteel Asia businesses.

2006

Tata Steel set up jiggling and hydro-cyclone plant.
Tisco established processing unit at Noamundi mine.
Tata Steel signed JV with Tata Power for captive power plants.
Jamshedpur steel works crossed 5 million tonne crude steel production.
Tata Steel acquired 67.1% interest in Millennium Steel (Tata Steel Thailand).
Tata Steel conferred Prime Minister's Trophy for Best Integrated Steel Plant.

2007

Tata Steel entered Share Purchase Agreement with Rawmet Ferrous Industries.
Tata Steel completed £6.2bn acquisition of Corus Group plc.
Tata Steel signed MOU with Vietnam Steel Corporation for Ha Tinh project.
Tata Steel entered MOU with Riversdale Mining for 35% stake in Mozambique Coal Project.
Tata Steel and Riversdale signed JV agreement for Mozambique coal project.
Tata Steel and SODEMI signed JV for Mount Nimba Iron Ore deposits.
Tata Steel issued rights in ratio 1:5 at premium Rs.290 per share.
Tata Steel acquired Corus Group Limited via Tata Steel UK Holdings.

2008

Tata Steel received Best Establishment Award from President of India.
Tata Steel signed contract with CMI FPE for 6 High reversing cold mill for TCIL.
Tata Steel concluded alliance with Al Bahja Group for Uyun limestone deposits in Oman.
1.8 mtpa capacity expansion at Jamshedpur operational, total 6.8 mtpa.
Prime Minister unveiled centenary postage stamp.
Tata Steel awarded Demining Application Prize.
Tata Steel received TERI Corporate Award for HIV/AIDS initiative.
Tata Steel Equity Shares delisted from CSE.

2009

Tata Steel Global Minerals Holdings entered JV with New Millennium Capital Corp.
Tata Steel won Golden Peacock Award for CSR.
Tata Steel-Corus signed Share Purchase Agreement with Klesch for aluminium smelters.
Tata Steel-Corus signed MoU on Teesside sale with Marcegaglia and Dongkuk.
Tata Steel entered JV with New Millennium Canada.
Tata Steel issued Global Depository Receipts worth US$500 million.
Tata Ryerson and HMPCL merged with Tata Steel.
Hoogly Metcoke & Power Company merged with Tata Steel.

2010

Tata Steel teamed up with SBI, Orissa government and CAP for skilled labour manufacturing.
Corus and SSI signed MoU for Teesside Cast Products sale.
Tata Steel formed JV for Automotive Cold Rolled Flat Products.
Tata Steel signed MoU with NMDC.
Tata Steel executed agreements for Europe debt refinancing.
Tata Steel increased stake in New Millennium Capital Corporation.
Tata Steel ranked among world's top ten Most Admired Companies by Fortune.
Tata Steel formed 51:49 JV with Nippon Steel for automotive cold-rolled products.
Tata-Corus appointed Citibank for Teesside Cast Products sale.
Tata-SAIL JV bagged coal mines in Jharkhand.
Tata Steel won Most Admired Knowledge Enterprise award.

2011

Tata Steel formed JV for Automotive Cold-Rolled Flat Products.
Tata Steel signed agreement with SSI for sale of TCP.
TCIL became subsidiary with 59.45% shareholding.
Tata Steel conferred ABCI Awards.
TSRDS Jharia received Best NGO award.
Tata Steel bagged two awards at MMMM Exhibition.
Tata Steel won Businessworld Most Respected Company Award.

2012

Tata Steel bagged National Safety Award.
Tata Steel received Safety & Health Excellence Recognition from Worldsteel.
Tata Steel conferred Asian MAKE Award.
Tata Steel awarded for HR Excellence at CII National HR Conclave.
Government of Karnataka completed land acquisition for Haveri project.
Tata Steel restructured UK operations.
Tata Steel secured steel plate order for Siemens wind towers.
Tata Steel opened second aerospace service centre in China.

2013

Tata Steel awarded CII-ITC Sustainability Prize.
Tata Steel launched new version of Valueabled.com portal.
Tata Steel planned GBP 22 million green technologies unit at Brinsworth.
Tata Steel formed alliance with Labrador Iron Mines Holdings.
Kalimati Investment Company amalgamated with Tata Steel.
Tata Steel approved amalgamation of TML and TMKPL.
Tata Metaliks and Tata Metaliks Kubota Pipes to merge with Tata Steel.
Tata Steel set up new 6 mn tonne steel plant for Odisha project.
Tata Steel inked 5-year contract with Safran Group.

2014

Tata Steel won 2-year contract to supply rail tracks to French rail operator.
Tata Steel inaugurated UK's largest plate service centre in West Midlands.
Tata Steel and ONGC named among world's most admired companies by Fortune.
Steel & Tube Holdings of New Zealand agreed to acquire Tata Steel International Australasia.
Tata Steel and L&T sold 100% stake in Dhamra Port to Adani Ports for Rs 5500 crore.
Tata Steel signed contracts to supply pipes to Subsea 7.
Tata Steel bagged Asian CSR Leadership Award for Community Development.
Tata Steel European business signed MoU for Long Products Europe.
Tata Steel inked MoU with Klesch Group for potential sale of Long Products Europe.

2015

Tata Steel launched structural steel tube product in Europe.
Tata Steel Minerals Canada acquired balance 49% in Howse Deposit.
Tata Steel set up company to attract global electronics component makers.
Tata Steel commenced coke production at Kalinganagar project.
Tata Steel received Environment Ministry approval for Jamshedpur cold rolling mill expansion.
Tata Steel approved amalgamation with Tata Metaliks and Tata Metaliks Dl Pipes.
Tata Steel partnered with Abu Dhabi IDC for energy sector products in Middle East.
Tata Steel received green nod for Joda plant expansion.
Tata Steel UK signed Letter of Intent for Long Products Europe business.

2016

Tata Steel received green nod for Rs 1,877 cr expansion project.
Tata Steel called off two subsidiaries merger.
Tata Steel received contribution for investment project.
Tata Steel inaugurated day care facility for employees.
Tata Steel announced partnership for Canadian Iron Ore Mines.
Tata Steel won three awards for Excellence in Value Engineering.
Tata Steel received Best Companies to Work for Award by Business Today.
Tata Steel bagged Most Ethical Company Award for 4th time.
Tata Steel received Golden Peacock Innovative Product/Service Award.
Tata Steel conferred Tata Affirmative Action Program Jury Award.
Tata Steel received Greenco Platinum rating by CII Green Building Council.

2017

Tata Steel inaugurated Cold Rolling Mill Complex BARA Phase II.
Katamati Mine won Best Green Award.
Kalinganagar hot metal production crossed 2 MT mark.
First Greenfield Ferro-Chrome Plant at Gopalpur started production.
Tata Steel launched TSL Events app and ActionBound app.
Tata Steel commissioned 1st 3 MW solar power plant at Noamundi.
Tata Steel commissioned mine air cooling system at Digwadih.
Sukinda Chromite Mine bagged four safety awards.
Joda Mine received Golden Peacock Innovation Award.

2018

Tata Steel launched dual tranche USD bond.
Tata Steel won awards for Best Risk Management Framework in Risk Governance and Metals & Mining.
Tata Steel awarded CII Environmental Best Practices Trophy.

2019

Tata Steel announced winners of Steelathon 2019.
Tata Steel mines awarded FIMI Bala Gulshan Tandon Excellence Award.

2020

Tata Steel announced acquisition of additional equity stake in Tata Steel Minerals Canada.
Tata Steel won two awards at worldsteels Steelie Award.
Tata Steel launched FerroHaat App for sourcing steel scrap.
Tata Steel introduced first Fibre Reinforced Polymer Quarantine Units in India.

2021

Tata Steel bagged Gold employer title in India Workplace Equality Index.
Tata Steel launched GreenPro Certified rebar Tata Tiscon 550SD.

2022

Tata Steel signed MoU with BHP to explore low carbon iron and steelmaking technology.
TERI signed MoU with Tata Steel Foundation.
Noamundi Iron Mine awarded Bala Gulshan Tandon Award of Excellence by Federation of Indian Mineral Industries.
Tata Steel published Environmental Product Declaration for Steel Rebar.
Tata Steel signed MoU with AUS drone start-up for sustainable mining solutions.

2024

Tata Steel signed £500 million Grant Funding Agreement with UK Government for £1.25 billion green steel project in Port Talbot.
Tata Steel recognised as Gold Employer by India Workplace Equality Index for fourth consecutive year.
Tata Steel launched corporate podcast 'FiredUp'.
Tata Steel received Golden Peacock National Training Award.

Tata Steel Ltd

Company History