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Tata Steel acquires full stake in Singapore subsidiary

July 10, 2025 at 04:19 PM UTCBy FilingReader AI

Tata Steel Limited announced on July 10, 2025, that it has acquired an additional 124,62,68,657 equity shares in T Steel Holdings Pte. Ltd. (TSHP) for USD 125.25 million. These shares were acquired at a face value of USD 0.1005 each.

This transaction solidifies TSHP's position as a wholly-owned foreign subsidiary of Tata Steel. The company's disclosures reference prior announcements made on May 12, 2025, and June 25, 2025, regarding the infusion of funds into TSHP. The disclosure is made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:TATASTEELBombay Stock Exchange

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