Tata Steel invests USD 180m in TSHP subsidiary

Tata Steel (BSE:TATASTEEL) announced today that it has acquired 179,10,44,776 equity shares in its wholly-owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP), for USD 180 million (₹1,562.54 crore*). This acquisition represents a step in the company's broader strategy to infuse up to USD 2.5 Billion into TSHP during the fiscal year FY2025-26, as approved by the Board of Directors on May 12, 2025. The investment will be executed across one or more tranches. The company specified that after this acquisition, TSHP will remain a wholly-owned subsidiary of Tata Steel. This announcement is in compliance with regulatory requirements and aims to support the financial strength and strategic initiatives of its overseas subsidiary.