Tata Steel Limited has submitted its 11th Integrated Report & 119th Annual Accounts for FY2025-26 to the stock exchanges on June 3, 2026, pursuant to Regulations 34, 30, 51, 58 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms the company's 119th Annual General Meeting scheduled for Thursday, July 2, 2026, at 10:30 a.m. (IST) via Video Conferencing or Other Audio-Visual Means, with Friday, June 12, 2026 fixed as the record date for the proposed ₹4 per Ordinary Share dividend (400% of face value ₹1 each) for FY2025-26. If approved at the AGM, the dividend will be paid on and from Monday, July 6, 2026, exclusively through electronic mode.

Financial Performance

Tata Steel delivered robust consolidated financial results for FY2025-26, with consolidated revenue from operations at ₹2,32,140 crore, a 6% increase over ₹2,18,543 crore in FY2024-25. Consolidated EBITDA rose 35% year-on-year to ₹34,848 crore, representing a 15% EBITDA margin — an improvement of 320 basis points over the previous year. Consolidated Profit After Tax (PAT) stood at ₹10,886 crore, a 243% increase compared to ₹3,174 crore in FY2024-25. In Q4FY26, the company posted a net profit of ₹2,965 crore on revenue of ₹63,270.13 crore.

Operational Highlights

Tata Steel's India operations were a key performance driver, with crude steel production reaching a record ~23.4 million tonnes and deliveries of ~22.5 million tonnes — an 8% increase year-on-year. India revenues stood at ₹1,40,302 crore with EBITDA of ₹34,272 crore, reflecting a 17% year-on-year increase and a 24% EBITDA margin. The company's cost transformation programme delivered savings of ₹10,868 crore across geographies. A landmark milestone during the year was the commissioning of the Phase II expansion at Kalinganagar, involving a ₹27,000 crore investment that scaled the site's capacity from 3 MTPA to 8 MTPA. The company also inaugurated a 0.75 MTPA scrap-based Electric Arc Furnace at Ludhiana, Punjab — its first such facility in India.

In Europe, Tata Steel Nederland's EBITDA tripled to €267 million, while Tata Steel UK's EBITDA losses nearly halved to £217 million. The consolidated net debt was reduced to ₹80,144 crore, bringing the Net Debt to EBITDA ratio to 2.3x. Operating cash flows improved by 52% to ₹35,064 crore, aided by a working capital release of ₹5,442 crore. Liquidity remained robust at ₹45,237 crore.

Annual General Meeting Details

The 119th AGM will be held on Thursday, July 2, 2026, at 10:30 a.m. (IST) through Video Conferencing or Other Audio-Visual Means, in compliance with MCA Circulars and SEBI Listing Regulations. The remote e-voting period commences on Sunday, June 28, 2026, at 9:00 a.m. (IST) and concludes on Wednesday, July 1, 2026, at 5:00 p.m. (IST). The facility is being provided by National Securities Depository Limited. The AGM agenda includes adoption of standalone and consolidated financial statements, declaration of the ₹4 per share dividend, re-appointment of Mr. Koushik Chatterjee as Director retiring by rotation, ratification of cost auditor remuneration, and approval of material related party transactions with Tata Capital Limited, Tata International West Asia DMCC, and transactions between Tata Steel UK Limited and Tata International West Asia DMCC.

Tax Deduction and Compliance

Dividend income is taxable in the hands of shareholders under the Income Tax Act, 2025. The company will deduct tax at source (TDS) at applicable rates. Resident individuals with a valid PAN face a 10% rate if the dividend does not exceed ₹10,000 or Form 121 - Part A is submitted. Non-resident shareholders face a 20% withholding rate unless a valid Tax Residency Certificate and other documents are provided to claim benefits under Double Tax Avoidance Agreements. Shareholders must update their tax residential status, PAN, and other details with their depository participants or the Registrar and Transfer Agent before the record date of June 12, 2026.

Corporate Actions

The Board approved the acquisition of a 23% equity stake in TM International Logistics Limited (TMILL) from IQ Martrade Holding Und Management GmbH for ₹335 crore, increasing Tata Steel's holding to 74%. The Board also approved the amalgamation of Neelachal Ispat Nigam Limited (NINL) into and with Tata Steel Limited, subject to regulatory approvals. During FY2025-26, the company completed several strategic acquisitions including a 50.01% stake in Thriveni Pellets Private Limited for ₹635.13 crore, full ownership of Tata Steel Colors Private Limited (formerly Tata BlueScope Steel), and the acquisition of LAG Velsen B.V. (Vattenfall power plants in the Netherlands) for up to €140 million. The Integrated Report is available on the company's website at https://www.tatasteel.com/media/25902/tatasteel-iar-2025-26.pdf .

Source: https://lodr-files.dhan.co/lodr-inputs/Company/IN9081A01010/7ba9ac1d-3034-4325-8b39-a98aa2778188.pdf

Tata Steel Limited will host an analyst and institutional investor meeting on June 2, 2026, in Mumbai. The meeting is part of the Bank of Americas India Conference 2026 and will facilitate one-to-one and group interactions with investors.

The disclosure was made in accordance with Regulation 30, Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The schedule is subject to change due to exigencies on the part of the fund, broking house, analyst, or the company.

Meeting Details

Parvatheesam Kanchinadham, Company Secretary and Chief Legal Officer of Tata Steel Limited, signed the intimation on May 27, 2026.