REG - Tata Steel Limited - Acquisition of equity stake in TSHPL

TATA SteelAnnouncement

29/10/2025 15:45

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RNS Number : 3764F  Tata Steel Limited  29 October 2025

 

 

  Ref.: SEC/1044/2025-26

October 29, 2025

London Stock Exchange

London

 

Dear Madam, Sirs,

 

Sub: Acquisition of equity stake in T Steel Holdings Pte. Ltd

 

This is further to our disclosures dated May 12, 2025, June 25, 2025, July 10,
2025,

August 26, 2025 and September 24, 2025 regarding infusion of funds by Tata
Steel Limited ('Company') by way of subscription to equity shares of T Steel
Holdings Pte. Ltd ('TSHP'), a wholly owned foreign subsidiary of the Company.

 

In this connection, we wish to inform you that, the Company has today i.e., on

October 29, 2025, acquired 159,20,39,801 equity shares of face value USD
0.1005 each aggregating to USD 160 million (₹1,409.02 crore*) in TSHP. Post
this acquisition, TSHP will continue to be a wholly owned foreign subsidiary
of the Company.

 

This disclosure is being made in compliance with Regulation 30 and 51 read
with Schedule III of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended.

 

*USD to INR exchange rate has been taken as ₹88.0637 as published by Reserve
Bank of India on

October 27, 2025.

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