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The Board of Directors of Tata Steel Limited on March 17, 2026, approved infusing additional funds of up to USD 2 Billion into its wholly owned subsidiary T Steel Holdings Pte. Ltd (TSHP), enhancing the aggregate investment limit to USD 26.21 Billion. On August 27, 2026, Tata Steel Limited acquired 1,620,370,371 equity shares of TSHP for USD 140 million (₹1,340.16 crore), with TSHP remaining a wholly owned subsidiary.
| Date | 28 Aug 2026 |
| Time | 07:00:01 |
| Category | Acquisitions and alliances |
| ID | 5045S |
Ref.: SEC/954/2026-27
August 27, 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 June 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 August 27, 2026, acquired 162,03,70,371 equity shares of face value USD 0.0864 each aggregating to
USD 140 million (₹1,340.16 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 ₹95.7258 as published by Reserve Bank of India on
August 24, 2026.