Tata Steel Limited has acquired 620.78 crore equity shares worth USD 625.75 million (₹5,754.67 crore) in its wholly-owned foreign subsidiary T Steel Holdings Pte. Ltd (TSHP). The move ensures continued full ownership, reinforcing Tata Steel’s overseas operations and long-term growth strategy in global steel markets.
Tata Steel Limited, one of the world’s leading steel producers, announced a significant capital infusion into its wholly-owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP). The company has acquired 620,78,37,302 equity shares of TSHP for a total consideration of USD 625.75 million (₹5,754.67 crore).
Notable Updates
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Transaction date: February 2, 2026.
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Equity shares acquired: 620.78 crore shares.
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Face value per share: USD 0.1008.
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Exchange rate applied: ₹91.9644 per USD (RBI reference, January 29, 2026).
Major Takeaways
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TSHP continues as a wholly-owned subsidiary, ensuring Tata Steel’s full control over its overseas operations.
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The acquisition reflects Tata Steel’s commitment to strengthening global presence and supporting international business growth.
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This follows a series of capital infusions in TSHP, highlighting strategic focus on long-term expansion.
Important Points
The investment underscores Tata Steel’s financial strength and global ambitions.
Analysts view this move as a strategic reinforcement of overseas assets, ensuring operational resilience.
The transaction aligns with Tata Steel’s broader growth and sustainability roadmap.
Sources: Business Standard, InvestyWise, ScanX News, SEBI Filings