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Mumbai, India – Tata Steel Limited, a prominent global steel company, today announced the acquisition of an equity stake in its wholly-owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP).
The transaction, valued at USD 355 million (approximately ₹3,104.03 crore), reinforces the company’s commitment to its international operations.
Tata Steel Limited (‘the Company’) purchased 3,532,338,309 equity shares in TSHP on August 26, 2025. The face value of each of these shares is $0.1005.
Following this significant acquisition, TSHP will continue to operate as a wholly-owned foreign subsidiary of Tata Steel. The Indian Rupee equivalent was calculated using an exchange rate of ₹87.4375 per USD, as published by the Reserve Bank of India on August 22, 2025.
This latest move is a continuation of fund infusions by Tata Steel Limited into TSHP, following earlier disclosures made on May 12, 2025, June 25, 2025, and July 10, 2025.
These infusions are facilitated through the subscription to equity shares, demonstrating Tata Steel’s strategic investment in its global subsidiaries.
Tata Steel’s Regulatory Filings and Disclosures:
The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, Regulation 30 and 51 read with Schedule III, have been followed in making this disclosure.
The official filing was signed by Parvatheesam Kanchinadham, who serves as the Company Secretary and Chief Legal Officer for Tata Steel Limited, ensuring the transparency and adherence to regulatory standards of the announcement.
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