Acquisitions10 Jul 2025, 09:47 pm
Tata Steel Acquires 1,073.63 Crore Stake in T Steel Holdings Pte. Ltd
AI Summary
Tata Steel Ltd has acquired 124,62,68,657 equity shares of T Steel Holdings Pte. Ltd (TSHP) for USD 125.25 million (approx. 1,073.63 crore). This acquisition makes TSHP a wholly owned foreign subsidiary of the company. This disclosure is made in compliance with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Tata Steel acquires 1,073.63 crore stake in T Steel Holdings Pte. Ltd
- 124,62,68,657 equity shares of T Steel Holdings Pte. Ltd acquired
- Acquisition makes TSHP a wholly owned foreign subsidiary of Tata Steel
- Acquisition amount is USD 125.25 million
- Disclosure made in compliance with SEBI regulations