Kurla, Maharashtra, February 20, 2025 — Tata Steel Limited has reinforced its strategic foothold in the global steel industry with a significant acquisition. The company has announced the acquisition of 191,08,28,025 ordinary equity shares in T Steel Holdings Pte. Ltd (TSHP). Each share is valued at USD 0.157, amounting to a total transaction value of USD 300 million (approximately ₹2,603.16 crore).
This decisive move ensures that TSHP will continue to operate as a wholly-owned subsidiary of Tata Steel Limited, further consolidating Tata Steel’s position in the global steel market. The acquisition is poised to enhance Tata Steel’s capabilities and drive strategic growth initiatives worldwide.
