Tata Steel Limited has informed the Exchange about Acquisition of equity stake in T Steel Holdings Pte. Ltd
TATASTEEL · price
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Tata Steel has acquired 353,23,38,309 additional equity shares in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP), at a face value of USD 0.1005 per share. The total investment is about USD 355 million, which works out to roughly ₹3,104.03 crore at the RBI's reference rate of ₹87.4375 per USD. This is part of a series of fund infusions the company has been making into TSHP, with earlier disclosures on May 12, June 25, and July 10, 2025. After this transaction, TSHP continues to remain a 100% wholly owned foreign subsidiary of Tata Steel, so there is no change in the ownership structure.
This is an internal capital infusion into a wholly owned subsidiary and does not change Tata Steel's overall ownership or control of TSHP. It is unlikely to have a direct impact on the share price, but it signals continued overseas investment, possibly to support the company's international operations or debt restructuring of its UK subsidiary.