For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260226:nRSZ5932Ua&default-theme=true
RNS Number : 5932U Tata Steel Limited 26 February 2026
Ref.: SEC/1973/2025-26
February 26, 2026
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, September 24, 2025, October 29, 2025, December 19, 2025,
and February 2, 2026 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
February 26, 2026, acquired 261,90,47,620 equity shares of face value USD
0.1008 each aggregating to USD 264 million (₹2,401.50 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 ₹90.9661 as published by Reserve
Bank of India on February 24, 2026.
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 ACQFLFFRFFIRFIR
Copyright 2019 Regulatory News Service, all rights reserved