Tata Steel has acquired 148,80,95,239 equity shares of face value USD 0.1008 each in T Steel Holdings Pte. Ltd (TSHP) aggregating to USD 150 million (₹1,354.94 crore*). Following this acquisition on December 19, 2025, TSHP will continue to be a wholly owned foreign subsidiary of Tata Steel. The company made the announcement on December 19, 2025.
Equity Stake Acquisition
Tata Steel announced that it has acquired 148,80,95,239 equity shares in T Steel Holdings Pte. Ltd (TSHP) on December 19, 2025. The shares have a face value of USD 0.1008 each.
Transaction Value
The total value of the transaction amounts to USD 150 million, which is equivalent to ₹1,354.94 crore*.
TSHP Status
Following this acquisition, TSHP will remain a wholly owned foreign subsidiary of Tata Steel. The information was disclosed on December 19, 2025.
*USD to INR exchange rate has been taken as ₹90.3291
Source: BSE