Tata Steel boosts foreign subsidiary stake with $160m investment
Tata Steel Limited announced today, October 29, 2025, the acquisition of 1,592,039,801 equity shares in T Steel Holdings Pte. Ltd. (TSHP), its wholly-owned foreign subsidiary. This acquisition, valued at $160 million, involved shares with a face value of $0.1005 each. The transaction ensures that TSHP remains a wholly-owned foreign subsidiary of Tata Steel Limited.
This latest move follows previous disclosures in May, June, July, August, and September 2025 regarding fund infusions into TSHP through equity share subscriptions. The company emphasized that this disclosure aligns with Regulation 30 and 51 of the Securities and and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Parvatheesam Kanchinadham, company secretary and chief legal officer, signed the announcement.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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