Acquisitions29 Oct 2025, 05:41 pm
Tata Steel Acquires USD 160 Million Stake in T Steel Holdings Pte. Ltd
AI Summary
Tata Steel Ltd has acquired 159,20,39,801 equity shares of T Steel Holdings Pte. Ltd (TSHP) for USD 160 million (approx. INR 1,409.02 crore). This acquisition makes TSHP 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. This move follows a series of disclosures made by Tata Steel in 2025 regarding infusion of funds into TSHP.
Key Highlights
- Tata Steel has acquired 159,20,39,801 equity shares of T Steel Holdings Pte. Ltd for USD 160 million.
- This acquisition makes TSHP a wholly owned foreign subsidiary of Tata Steel.
- This disclosure is made in compliance with Securities and Exchange Board of India regulations.
- Tata Steel has been consistently infusing funds into TSHP since 2025.