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

TATA SteelAnnouncement

26/08/2025 18:15

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RNS Number : 7547W  Tata Steel Limited  26 August 2025

 

 

  Ref.: SEC/785/2025-26

August 26, 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 and July
10, 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
August 26, 2025, acquired 353,23,38,309 equity shares of face value USD 0.1005
each aggregating to

USD 355 million (₹3,104.03 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 ₹87.4375 as published by Reserve
Bank of India on

August 22, 2025.

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