Acquisitions2 Feb 2026, 07:17 pm
Tata Steel Acquires 5,754.67 Crore Stake in T Steel Holdings Pte. Ltd
AI Summary
Tata Steel Ltd has acquired 620,78,37,302 equity shares of T Steel Holdings Pte. Ltd (TSHP) for an aggregate amount of USD 625.75 million (approximately 5,754.67 crore). This acquisition makes TSHP a wholly owned foreign subsidiary of Tata Steel. This disclosure is made in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Key Highlights
- Tata Steel acquires 5,754.67 crore stake in T Steel Holdings Pte. Ltd
- Acquisition of 620,78,37,302 equity shares of T Steel Holdings Pte. Ltd
- T Steel Holdings Pte. Ltd is a wholly owned foreign subsidiary of Tata Steel
- Acquisition amount is USD 625.75 million
- Disclosure made in compliance with SEBI regulations