Tata Steel has acquired an additional stake in its wholly-owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP), by subscribing to 620,78,37,302 equity shares. The acquisition, completed on February 2, 2026, involved an investment of USD 625.75 million (₹5,754.67 crore). With this acquisition, TSHP will continue to operate as a wholly-owned foreign subsidiary.
Tata Steel Increases Investment in Subsidiary
Tata Steel announced the acquisition of additional equity shares in T Steel Holdings Pte. Ltd (TSHP), a wholly-owned foreign subsidiary, on February 2, 2026. This move further strengthens Tata Steel’s commitment to its existing overseas operations.
Details of the Acquisition
The company has acquired 620,78,37,302 equity shares of TSHP with a face value of USD 0.1008 each. The total investment amounts to USD 625.75 million, which is equivalent to ₹5,754.67 crore (based on an exchange rate of ₹91.9644 per USD).
TSHP Remains Wholly-Owned
Post-acquisition, T Steel Holdings Pte. Ltd will continue to operate as a wholly-owned foreign subsidiary of Tata Steel. This ensures the smooth continuation of TSHP’s activities and its alignment with Tata Steel’s overall strategic objectives.
Source: BSE
