Picture of TATA Steel logo

TATASTEEL TATA Steel News Story

0.000.00%
in flag iconLast trade - 00:00
Basic MaterialsBalancedLarge CapHigh Flyer

REG - Tata Steel Limited - Acquisition of equity stake in T Steel Holdings

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250710:nRSJ6334Qa&default-theme=true

RNS Number : 6334Q  Tata Steel Limited  10 July 2025

 

 

 

July 10, 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 and June 25, 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
July 10, 2025, acquired 124,62,68,657 equity shares of face value USD 0.1005
each aggregating to USD 125.25 million (₹1,073.63 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 Para A of Part A of 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 ₹85.7188 as published by Reserve
Bank of India on

July 8, 2025.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCQBLFFEDLXBBF

Recent news on TATA Steel

See all news