Tata Steel Limited announced the acquisition of 191,08,28,025 ordinary equity shares in T Steel Holdings Pte. Ltd (TSHP) for a total consideration of $300 million (₹2,603.16 crore). The acquisition was completed on February 20, 2025, and maintains TSHP as a wholly owned subsidiary of Tata Steel.
This strategic investment is aimed at strengthening Tata Steel’s position in the global steel market by enhancing its operational capabilities and financial strength through its subsidiary. The move aligns with Tata Steel’s long-term growth strategy and commitment to expanding its international footprint.
The acquisition details were disclosed in compliance with Regulation 30 and other applicable provisions of SEBI’s Listing Obligations and Disclosure Requirements.
Disclaimer:
This article is for informational purposes only and should not be considered as financial advice. Investors are advised to conduct their own research and consult with their financial advisors before making any investment decisions.
