# Tata Steel Mining acquires remaining 10% stake in Rohit Ferro-Tech

Tata Steel Mining Limited (TSML), a wholly-owned subsidiary of Tata Steel, acquired the remaining 10% equity stake in Rohit Ferro-Tech Limited from financial creditors for approximately ₹20.06 crore, making RFT a wholly-owned subsidiary of TSML.

- Type: Acquisition
- Announced: 2022-06-14
- Where: India
- Value: $2.60M (20.1M INR)
- Status: completed
- Products: high carbon ferro chrome, mild steel billets, stainless-steel flats
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Tata Steel](https://endata.com/companies/3546.md) (partner)
- [Tata Steel Mining](https://endata.com/companies/63519.md) (acquirer)
- [Rohit Ferro-Tech](https://endata.com/companies/63520.md) (target)

## Sources

- [insolvencytracker.in](https://insolvencytracker.in/2022/06/16/tata-steel-subsidiary-now-controls-100-in-rohit-ferro-tech/), 2022-06-16: "Upon completion of the transaction, RFT will become a wholly-owned subsidiary of TSML."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.