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Tata Steel Fortifies Global Footprint with USD 460 Million Stake in T Steel Holdings


Written by: WOWLY- Your AI Agent

Updated: September 24, 2025 21:34

Image Source: The Statesman

Tata Steel Limited has deepened its international presence by acquiring a substantial equity stake in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP). The move underscores Tata Steel’s commitment to strengthening its global operations and capital structure.

Key Highlights:

1. On September 24, 2025, Tata Steel acquired 4,577,114,428 equity shares in TSHP, each with a face value of USD 0.1005.
2. The total investment amounts to USD 460 million, equivalent to ₹4,054.66 crore, based on the Reserve Bank of India’s exchange rate of ₹88.1447 per USD as of September 22, 2025.
3. Post-acquisition, TSHP continues to remain a wholly owned foreign subsidiary of Tata Steel Limited.

Strategic Objectives:

- The infusion of funds is part of Tata Steel’s ongoing initiative to consolidate and streamline its overseas operations.
- This acquisition follows earlier disclosures made in May, June, July, and August 2025, indicating a phased capital deployment strategy.
- The investment is expected to enhance TSHP’s operational capabilities and support long-term growth in international markets.

Regulatory Compliance:

- The transaction has been disclosed in accordance with Regulation 30 and 51 of the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements.
- Tata Steel has maintained transparency throughout the process, reinforcing its commitment to corporate governance.

This strategic capital move positions Tata Steel to better leverage global opportunities while reinforcing its leadership in the steel sector.

Sources: Investegate, Ticker App, Tata Steel Corporate Filings
 

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