Tata Steel to sell Jamshedpur Football and Sporting to Churchill club for ₹100
Turnover of Jamshedpur Football and Sporting Private Limited in FY26 was ₹32.23 crore
Tata Steel announced on Friday that it will transfer its entire ownership of Jamshedpur Football and Sporting Private Limited to Churchill Brothers Sports Club for a mere ₹100. Jamshedpur Football and Sporting Private Limited, a wholly-owned subsidiary of Tata Steel, is the entity in question. According to a filing, Tata Steel's Board-appointed Committee of Directors has approved the transfer of the entire 100% equity stake, consisting of 4.08 crore equity shares with a face value of ₹10 each, from Tata Steel to Churchill Brothers Sports Club Private Limited, also known as Churchill.
This approval paved the way for Tata Steel and Churchill to sign a share purchase agreement outlining the terms and conditions of the transfer. Jamshedpur Football and Sporting Private Limited's revenue for the financial year 2026 was reported to be ₹32.23 crore.
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