Tata Steel Ltd has acquired 1.59 billion equity shares in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHPL), for USD 160 million (₹1,409.02 crore). The move reinforces Tata Steel’s commitment to global expansion and operational support across its international steel ventures.
Tata Steel Ltd has announced a significant equity infusion into its overseas subsidiary, T Steel Holdings Pte. Ltd (TSHPL), based in Singapore. On October 29, 2025, the company acquired 1,592,039,801 equity shares of face value USD 0.1005 each, aggregating to USD 160 million, equivalent to ₹1,409.02 crore, using the RBI exchange rate of ₹88.0637 dated October 27, 2025.
This acquisition is part of a series of fund infusions made throughout FY2026 to strengthen TSHPL’s capital base, support international operations, and ensure strategic flexibility in global markets. Tata Steel confirmed that TSHPL will continue as a wholly owned foreign subsidiary, with no change in ownership structure post-acquisition.
The investment aligns with Tata Steel’s broader strategy to consolidate its global footprint, optimize capital allocation, and enhance operational resilience across geographies.
Key Highlights:
-
Equity Shares Acquired: 1.59 billion
-
Investment Value: USD 160 million (₹1,409.02 crore)
-
Subsidiary: T Steel Holdings Pte. Ltd, Singapore
-
Purpose: Capital support for global operations
-
Ownership Status: Remains wholly owned by Tata Steel
-
Exchange Rate Used: ₹88.0637 (RBI, October 27, 2025)
This move underscores Tata Steel’s long-term commitment to global competitiveness and financial robustness.
Source: Investegate,InvestEgate