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LONDON - Tata Steel Limited has acquired additional equity shares in its wholly owned foreign subsidiary T Steel Holdings Pte. Ltd (TSHP), according to a statement released Tuesday.
The company purchased 3,532,338,309 equity shares with a face value of $0.1005 each, for a total investment of $355 million (₹3,104.03 crore). The transaction was completed on Tuesday, August 26, 2025.
Following this acquisition, TSHP will remain a wholly owned foreign subsidiary of Tata Steel Limited. The company used an exchange rate of ₹87.4375 per USD for the transaction, based on the rate published by the Reserve Bank of India on August 22, 2025.
This equity infusion follows previous disclosures by Tata Steel regarding fund infusions into TSHP on May 12, June 25, and July 10, 2025. The company made the announcement in compliance with regulatory requirements under the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements Regulations.
The disclosure was filed with the London Stock Exchange where Tata Steel is listed.
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