Grapevine: Tata Steel to buy majority stake in Thriveni Pellets; RMZ Corp mulls IPO

By Nitesh Kumar

  • 10 Dec 2025
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Credit: 123RF.com

Tata Steel is set to acquire a 50.01% stake in Odisha-based Thriveni Pellets, The Economic Times reported, citing people aware of the development. The deal will bolster Tata Steel’s raw material security as iron ore pellets are a key input for steelmaking. Thriveni Pellets, via its wholly owned arm Brahmani River ......

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