Acquisitions26 Aug 2025, 10:01 pm
Tata Steel Acquires 3,104.03 Crore Equity Stake in T Steel Holdings Pte. Ltd
AI Summary
Tata Steel Ltd has acquired 353,23,38,309 equity shares of face value USD 0.1005 each, amounting to USD 355 million (3,104.03 crore) in T Steel Holdings Pte. Ltd (TSHP), a wholly owned foreign subsidiary. This acquisition makes TSHP continue to be a wholly owned foreign subsidiary of Tata Steel. This disclosure is made in compliance with Regulation 30 and 51 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Key Highlights
- Tata Steel acquires 3,104.03 crore equity stake in T Steel Holdings Pte. Ltd.
- Acquisition of 353,23,38,309 equity shares of face value USD 0.1005 each.
- T Steel Holdings Pte. Ltd remains a wholly owned foreign subsidiary of Tata Steel.
- Compliance with Regulation 30, 51 and Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.