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On October 29, 2025, Tata Steel Limited acquired 1,592,039,801 equity shares in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP). Each acquired share has a face value of USD 0.1005, with the total acquisition aggregating to USD 160 million (₹1,409.02 crore). Following this transaction, TSHP continues to be a wholly owned foreign subsidiary of Tata Steel Limited.
| Date | 29 Oct 2025 |
| Time | 15:30:34 |
| Category | Miscellaneous |
| ID | 3764F |
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.