Tata Steel has announced the acquisition of 178,57,14,286 equity shares in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP), for a total of USD 180 million, equivalent to approximately ₹1,680.27 crore. This investment reaffirms Tata Steel‘s commitment to supporting its subsidiary’s operations and growth.
The acquisition, completed on 24 March 2026, involves equity shares with a face value of USD 0.1008 each. Despite this significant investment, TSHP will continue to operate as a wholly owned foreign subsidiary of Tata Steel.
This move follows a series of previous disclosures by Tata Steel regarding fund infusions into TSHP, with updates provided on several occasions throughout 2025 and early 2026. The latest acquisition is part of Tata Steel’s strategic efforts to bolster its international presence and operational capabilities.
The transaction is 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.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).