Tata Steel has acquired 1,78,57,14,286 equity shares in T Steel Holdings Pte. Ltd (TSHP) for a total consideration of $180 million, equivalent to about ₹1,680.27 crore. Each share has a face value of $0.1008.
The transaction was completed on 24 March 2026 through subscription to newly issued equity shares.
Post-acquisition, TSHP continues to remain a wholly owned foreign subsidiary of Tata Steel.
The company’s shareholding structure in the subsidiary remains unchanged, with full ownership retained after the latest infusion.
The investment forms part of a series of capital infusions made into TSHP over the past year. Tata Steel had earlier disclosed similar investments on multiple occasions between May 2025 and February 2026.
These include filings dated May 12, June 25, July 10, August 26, September 24, October 29, December 19, 2025, and February 2 and 26, 2026.
The rupee value of the transaction has been calculated using an exchange rate of ₹93.3483 per US dollar.
This rate is based on the reference rate published by the Reserve Bank of India on 20 March 2026. The valuation reflects the currency conversion applicable at the time of reporting.
The company disclosed the transaction to stock exchanges in line with Regulation 30 and Regulation 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted on March 24, 2026, outlining the key details of the acquisition.
Read More: Tata Steel Opens Second-Largest India Plant in Punjab, Boosting Manufacturing Push!
As of March 25, 2026, 10:27 am, Tata Steel Ltd share price was trading at ₹194.95, a 2.12% increase from the previous closing price.
The latest investment continues Tata Steel’s funding support to its overseas subsidiary through equity subscription. The transaction does not alter ownership but adds to the capital base of TSHP as part of an ongoing funding programme.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Mar 25, 2026, 11:31 AM IST
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