Tata Steel Limited has strengthened its overseas presence with a fresh acquisition in its wholly owned subsidiary, T Steel Holdings Pte. Ltd. (TSHP). The company informed the exchanges that it had completed a significant equity subscription in the Singapore-based unit on 26 August 2025.
According to the disclosure, Tata Steel acquired 353,23,38,309 equity shares of TSHP at a face value of $0.1005 per share, amounting to $355 million (₹3,104.03 crore*). This transaction was executed on 26 August 2025, marking a continuation of the company’s earlier announcements made on 12 May, 25 June, and 10 July 2025 about planned fund infusion into the subsidiary. The steel major clarified that despite the large infusion, TSHP will continue as a wholly owned foreign subsidiary of Tata Steel Limited.
Tata Steel reported a strong start to FY26 with net profit surging 118% to ₹2,007 crore from ₹918 crore a year earlier. Revenue slipped 2.9% to ₹53,178 crore against ₹54,771 crore, while lower expenses, down 3.89% at ₹50,347 crore compared to ₹52,389 crore last year, aided the profit growth.
Read More: Tata Communications Issues Commercial Paper to Raise ₹700 Crore!
As of August 28, 2025, at 10:50 AM, Tata Steel share price is trading at ₹154.70 per share, reflecting a decline of 0.21% from the previous closing price. Over the past month, the stock has declined by 3.12%.
With this $355 million investment, Tata Steel reinforces its long-term strategy of supporting its overseas operations through capital infusion. The step ensures TSHP remains firmly within the company’s fold, strengthening its international portfolio and aligning with its expansion commitments.
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Published on: Aug 28, 2025, 1:33 PM IST
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