Image Source: The Economic Times
Tata Steel Limited has acquired 261.9 crore equity shares in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP), for USD 264 million (₹2,401.50 crore). This move strengthens Tata Steel’s international presence and continues its strategic capital infusion into TSHP.
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Tata Steel Limited has once again demonstrated its commitment to global growth by infusing fresh capital into its Singapore-based subsidiary, T Steel Holdings Pte. Ltd. The acquisition, valued at USD 264 million, was disclosed to both BSE and NSE in line with SEBI’s Listing Obligations and Disclosure Requirements.
Key Highlights
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Tata Steel acquired 261,90,47,620 equity shares of TSHP at a face value of USD 0.1008 each
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Total investment amounts to USD 264 million, equivalent to ₹2,401.50 crore at RBI’s exchange rate of ₹90.9661 per USD (as of February 24, 2026)
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TSHP continues as a wholly owned foreign subsidiary of Tata Steel Limited
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Disclosure made under Regulation 30 and 51 of SEBI (LODR) Regulations, 2015
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This acquisition follows a series of fund infusions into TSHP throughout 2025 and early 2026
Source: Tata Steel Limited filing to the Stock Exchanges
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