Tata Steel Limited
Case brief
What is this about?
The Competition Commission of India examined Tata Steel Limited's proposed acquisition of Thriveni Pellets Private Limited. The Commission analyzed vertical linkages in the iron ore and steel pellet markets, concluding that the merger is not likely to cause appreciable adverse effect on competition and approved the combination.
What did the court decide?
The proposed combination is approved under Section 31(1) of the Competition Act, 2002.
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
COMPETITION COMMISSION OF INDIA
Combination Registration No. C-2025/12/1354
20th January 2026
Notice under Section 6(2) of the Competition Act, 2002 given by Tata Steel Limited
CORAM:
Ms. Ravneet Kaur Chairperson
Mr. Anil Agrawal Member
Ms. Sweta Kakkad Member
Mr. Deepak Anurag Member
Order under Section 31(1) of the Competition Act, 2002
- On 12th December 2025, the Competition Commission of India ( Commission ) received a Notice under Section 6(2) of the Competition Act, 2002 ( Act ) given by Tata Steel Limited ( Tata Steel/Acquirer ) in relation to its proposed acquisition of 50.01% equity share capital of Thriveni Pellets Private Limited ( TPPL/Target ) [hereinafter, the Acquirer and the Target are collectively referred to as the ‘ Parties’ ] from Thriveni Earthmovers Private Limited ( TEMPL ) pursuant to the execution of the Share Purchase Agreement between the Parties, TEMPL and Brahmani River Pellets Limited ( BRPL) dated 10th December 2025 ( SPA ) [ Proposed Combination] .
Issues for consideration
3 issues framed by the court
Whether the proposed acquisition of equity in Thriveni Pellets Private Limited by Tata Steel Limited would cause appreciable adverse effect on competition.
Whether the combination gives rise to horizontal or vertical linkages affecting the iron ore and steel markets.
Whether the proposed combination is likely to have an appreciable adverse effect on competition (AAEC) in India.
Parties & counsel
- applicant
Tata Steel Limited
- other
Thriveni Pellets Private Limited
- other
Thriveni Earthmovers Private Limited
- other
Brahmani River Pellets Limited
Coram
Case details
As recorded by the court registry
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