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Tata Steel acquires $460m stake in T Steel Holdings

September 24, 2025 at 07:03 PM UTCBy FilingReader AI

Tata Steel Limited announced today, September 24, 2025, the acquisition of 4,577,114,428 equity shares in T Steel Holdings Pte. Ltd. (TSHP). Each share has a face value of $0.1005, bringing the total value of this acquisition to $460 million. This strategic move reinforces TSHP's status as a wholly-owned foreign subsidiary of Tata Steel.

This acquisition follows previous disclosures in May, June, July, and August of 2025 concerning the infusion of funds into TSHP by way of equity share subscriptions. The company reiterated that TSHP will continue to operate as a wholly-owned foreign subsidiary post-acquisition. The reporting adheres to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This latest investment underscores Tata Steel's ongoing commitment to strengthening its global asset base.

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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