On 21 August 2015
Tata Steel announced that Bombay High Court vide its order dated 21 August 2015 approved the Scheme of amalgamation between Tata Steel and Tata Metaliks and Tata Metaliks Dl Pipes (formerly known as Tata Metaliks Kubota Pipes) and their respective shareholders and creditors. (Scheme of Amalgamation)Certified true copy of the order from Bombay High Court is awaited.
The Scheme of Amalgamation is still pending before the Calcutta High Court and the same will be effective only upon sanction by the Calcutta High Court.
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