Tata Steel transfers ownership of Jamshedpur Football & Sporting Pvt. Ltd. to Churchill Brothers FC

Mumbai, August 14, 2026

~ Ownership transfer to ensure continuity for JFC players and coaching staff ~

Mumbai, August 14, 2026: Tata Steel has agreed to transfer its equity shares in ‘Jamshedpur Football & Sporting Private Limited’ (JFSPL) to Churchill Brothers Football Club for a token consideration. This transfer, made in accordance with All India Football Federation (AIFF) regulations, includes the transfer of the Club's Indian Super League (ISL) sporting licence, and the transfer of 12 players & 2 coaches.

Tata Steel Limited and Churchill Brothers Football Club signed an agreement to this effect today. Churchill Brothers will take over the contracts of all JFC players and coaching staff with effect from September 2026, offering them the opportunity to continue their professional football careers in the ISL. Churchill Brothers carries close to four decades of footballing legacy in Goa, with two I-League titles and a strong record in Indian domestic football.

D. B. Sundara Ramam, Vice President, Corporate Services, Tata Steel, said: "Churchill Brothers is a club with real history in Indian football, and we are glad that this agreement gives our players and coaches the opportunity to continue playing club football. We thank AIFF and Churchill Brothers for their partnership in making this transition a smooth one. Tata Steel will continue to focus on football at the grassroots and youth level, given our legacy of identifying and nurturing young talent, especially among local and tribal communities. This includes the Tata Football Academy, which has trained 150 cadets who have represented India and 26 captains of national teams across various age groups. We will continue to maintain and enhance our sporting infrastructure - repurposing it for grassroots football and athlete development. We will be modernising our youth system, investing in and further building its capability in collaboration with the AIFF.”

At Tata Steel, sports is a way of life and forms an integral part of its culture. It is a means of providing opportunities to, and developing talent among local communities, promoting wellness, inclusion, discipline, and excellence. The Company remains firmly committed to its long legacy of developing sports at a grassroots level, expanding access, and strengthening India’s sporting ecosystem. The Tata Football Academy (TFA) was established in 1987 at Jamshedpur and has trained over 300 cadets, 150 of whom have represented the Indian National team. The majority of the Jharkhand boys U-14 and U-16 teams have come through Tata Steel Foundation football training centres, which work with tribal communities. Besides football, Tata Steel also operates world-class sports academies across the disciplines of archery, hockey, sport climbing and rowing. It also organises world-class marathon and chess competitions. The Tata Archery Academy is India’s premier archery institution, having trained over 180+ cadets in 25 years, including 8 Olympians. The Naval Tata Hockey Academy provides elite coaching and high-performance training, nutrition and mental conditioning across 3 regional development and 32 grassroots centres.

Disclaimer

Statements in this press release describing the Company’s performance may be “forward-looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.

For queries and information

Sarvesh Kumar,
Chief Corporate Communications, Tata Steel
E-mail : sarvesh.kumar@tatasteel.com

About Tata Steel

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 36 million tonnes per annum.
It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world.
The group recorded a consolidated turnover of around US$26 billion in the financial year ending March 31, 2026.
A Great Place to Work®-certified organisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 77,000.
Tata Steel has announced its major sustainability objectives including Net Zero by 2045.
The Company has been on a multi-year digital-enabled business transformation journey intending to be the leader in ‘Digital Steel making’. The Company has received the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar, and IJmuiden Plants. 78% of our steel comes from these global lighthouses. Tata Steel has also been recognised with the ‘Digital Enterprise of India – Steel’ Award 2024 by Economic Times CIO.
The Company has been recognised with the World Economic Forum’s Global Diversity Equity & Inclusion Lighthouse 2023.
The Company has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked among the top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016.
Tata Steel’s Jamshedpur Plant is India’s first site to receive ResponsibleSteel^TM Certification. Subsequently, its Kalinganagar and Meramandali plants have also received the certification. In India, Tata Steel now has more than 90% of its steel production from ResponsibleSteel^TM certified sites.
Received Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, 2026 Steel Sustainability Champion recognition from worldsteel for nine years in a row, CDP 2024 ‘Supplier Engagement Assessment’ Leader, Top performer in Iron and Steel sector in Dun & Bradstreet's India's top 500 companies 2022, Ranked as the 2024 most valuable Mining and Metals brand in India by Brand Finance, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, and CII Sports Business Award 2025 for 'The Legacy of Excellence in Sports Patronage'.
Received the Legal Team of the Year - Manufacturing at the 15^th Annual Legal Era Indian Legal Awards 2025-26, 2023 Global ERM (Enterprise Risk Management) Award of Distinction at the RIMS ERM Conference 2023, ‘Masters of Risk – Risk Technology’ recognition at The India Risk Management Awards, and ICSI Business Responsibility and Sustainability Award 2023 for its first Business Responsibility and Sustainability Report (BRSR), Excellence in Financial Reporting FY20 from ICAI, among several others.

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