Tata Steel acquires 179 crore shares in Singapore subsidiary T Steel Holdings for Rs 1,562.54 cr

Tata Steel Limited has acquired 179.10 crore equity shares in its Singapore-based wholly owned subsidiary, T Steel Holdings Pte. Ltd (TSHP), for approximately Rs 1,562.54 crore. This acquisition, with shares valued at USD 0.1005 each, is part of T...

Tata Steel Limited on Wednesday said that it has acquired 179.10 crore equity shares in its Singapore-based wholly owned subsidiary, T Steel Holdings Pte. Ltd (TSHP), for a total consideration of approximately Rs 1,562.54 crore or $180 million.

The shares acquired have a face value of USD 0.1005 each. After the latest infusion, TSHP will remain a wholly owned subsidiary of Tata Steel, the company said in an exchange filing.

The acquisition is part of Tata Steel's previously disclosed plan to infuse up to $2.5 billion into TSHP during the financial year 2025-26.


The board of Tata Steel had approved this capital infusion through equity subscription in multiple tranches, according to the company’s earlier disclosure on May 12, 2025.
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Business News › Industry › Ind'l Goods/Svs › Steel › Tata Steel acquires 179 crore shares in Singapore subsidiary T Steel Holdings for Rs 1,562.54 cr
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