27-Aug-2026 22:37:06
TATASTEELAcquisition and merger
TATA STEEL : ACQUIRES 100% EQUITY STAKE IN T STEEL HOLDINGS PTE. LTD
• The Board of Directors had approved infusion of additional funds up to USD 2 Billion (~₹18,488.10 crore) on March 17, 2026. • This enhanced the aggregate investment limit up to USD 26.21 Billion. • On August 27, 2026, the Company acquired 162,03,70,371 equity shares of T Steel Holdings Pte. Ltd ('TSHP') for USD 140 million (₹1,340.16 crore). • Post this acquisition, TSHP will continue to be a wholly owned subsidiary.
Tata Steel Limited
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