Tata Steel Limited has made a strategic move by acquiring full ownership of T Steel Holdings Pte. Ltd. (TSHP) (Singapore Based Firm)This acquisition is part of the company's broader efforts to consolidate its global presence and enhance operational efficiency.

In a significant development, Tata Steel Limited has announced the acquisition of a complete equity stake in T Steel Holdings Pte. Ltd. (TSHP), making it a wholly owned subsidiary. The acquisition, valued at USD 300 million (approximately ₹2,603.16 crore), was finalized on February 20, 2025.

As per the disclosure made to the stock exchanges, Tata Steel acquired 191,08,28,025 ordinary equity shares of TSHP, each with a face value of USD 0.157. This move aligns with Tata Steel's strategic vision of consolidating its holdings and strengthening its global business operations.

This acquisition follows a series of disclosures made by the company on May 29, 2024, July 29, 2024, August 14, 2024, and August 28, 2024. The company has ensured that the transaction complies with Regulation 30, Schedule III, and Regulation 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure was officially signed and communicated by Parvatheesam Kanchinadham, the Company Secretary and Chief Legal Officer of Tata Steel Limited.

This acquisition reinforces Tata Steel's commitment to expanding its footprint in the global steel industry, ensuring operational efficiency, and enhancing shareholder value.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial, investment, or legal advice. Readers are advised to conduct their own research or consult with a financial expert before making any investment decisions. Tata Steel Limited and its representatives are not responsible for any losses or damages resulting from reliance on the information provided in this article.