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On March 17, 2026, Tata Steel Limited's Board of Directors approved infusing additional funds up to USD 2 Billion (₹18,488.10 crore) into its wholly owned subsidiary, T Steel Holdings Pte. Ltd (TSHP), increasing the aggregate investment limit to USD 26.21 Billion. On June 24, 2026, Tata Steel Limited acquired 1,990,740,741 equity shares of TSHP, each with a face value of USD 0.0864, aggregating USD 172 million (₹1,625.29 crore). TSHP remains a wholly owned subsidiary of Tata Steel Limited following this acquisition.
| Date | 25 Jun 2026 |
| Time | 07:00:00 |
| Category | Acquisitions and alliances |
| ID | 6514J |
Ref.: SEC/558/2026-27
June 24, 2026
London Stock Exchange
London
Dear Madam, Sirs,
Sub: Acquisition of equity stake in T Steel Holdings Pte. Ltd
This is further to our earlier disclosures in relation to the above-mentioned subject, the latest being March 24, 2026.
The Board of Directors of Tata Steel Limited ('Company') at its meeting held on March 17, 2026, had inter alia approved the infusion of additional funds up to USD 2 Billion (~₹18,488.10 crore), enhancing the aggregate investment limit up to USD 26.21 Billion, by way of subscription to equity shares of T Steel Holdings Pte. Ltd ('TSHP'), a wholly owned foreign subsidiary of the Company, in one or more tranches.
In this connection, we wish to inform you that, the Company has today i.e., on June 24, 2026, acquired 199,07,40,741 equity shares of face value USD 0.0864 each aggregating to
USD 172 million (₹1,625.29 crore*) in TSHP. Post this acquisition, TSHP will continue to be a wholly owned 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 ₹94.4938 as published by Reserve Bank of India on
June 22, 2026.