Tata Steel Acquires $625.75 Million Equity in Subsidiary T Steel Holdings Pte. Ltd

Mumbai:  Tata Steel Limited has announced the acquisition of 620,78,37,302 equity shares of T Steel Holdings Pte. Ltd (TSHP), its wholly-owned foreign subsidiary, for a total consideration of USD 625.75 million (₹5,754.67 crore). The transaction was completed today, ensuring that TSHP continues to remain a wholly-owned subsidiary of Tata Steel.

The face value of each share is USD 0.1008, and the USD to INR exchange rate used for conversion was ₹91.9644, as published by the Reserve Bank of India on January 29, 2026.

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This acquisition follows a series of previous capital infusions by Tata Steel into TSHP, including disclosures made on May 12, June 25, July 10, August 26, September 24, October 29, and December 19, 2025.

The disclosure has been made in compliance with Regulation 30 and 51 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

About Tata Steel:
Tata Steel Limited is one of the world’s largest steel manufacturers, with a diversified product portfolio and operations spanning India, Europe, and other global markets. Its wholly-owned foreign subsidiary, TSHP, is part of the company’s strategic efforts to strengthen international operations and long-term global growth.