The company said it has subscribed to 179.10 crore equity shares of T Steel Holdings Pte. at a face value of $0.1005 per share.
This acquisition is part of the broader plan approved by Tata Steel’s board in May 2025 to infuse up to $2.5 billion into T Steel Holdings Pte. during FY2025–26 through one or more tranches. Following the transaction, TSHP will remain a wholly owned subsidiary of Tata Steel.
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In February this year, Tata Steel said it had acquired 78.85 million ordinary equity shares for $1.24 billion (around ₹10,727 crore) from its wholly owned subsidiary, T Steel Holdings Pte Ltd.
The investment, made on February 25, 2025, will be used to repay external debt in Tata Steel’s offshore subsidiaries and support the restructuring of Tata Steel UK Ltd. TSHP, incorporated in Singapore in 2006, serves as Tata Steel’s holding entity for its overseas businesses.
While T Steel Holdings Pte. was already a wholly owned subsidiary, Tata Steel obtained RBI approval for the investment as it exceeded the $1 billion annual limit under the automatic route for overseas investments.
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Shares of Tata Steel Ltd ended at ₹156.40, up by ₹1.60, or 1.03%, on the BSE.
