Tata Steel Acquires USD 125.25 Million Stake in Singapore Subsidiary TSHP; Stock in Focus
By Shishta Dutta | Published at: Jul 11, 2025 09:41 AM IST
Mumbai, July 11, 2025 — Tata Steel Ltd (NSE: TATASTEEL, BSE: 500470) announced the acquisition of over 124.62 crore equity shares in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP), for a total consideration of USD 125.25 million (₹1,073.63 crore).
Key Transaction Details
| Particulars | Details |
|---|---|
| Subsidiary Name | T Steel Holdings Pte. Ltd (TSHP) |
| Number of Shares Acquired | 1,24,62,68,657 equity shares |
| Face Value per Share | USD 0.1005 |
| Total Investment Amount | USD 125.25 million |
| INR Equivalent | ₹1,073.63 crore* |
| Effective Date | July 10, 2025 |
| Nature of Ownership Post-Investment | Wholly Owned Subsidiary |
*USD to INR exchange rate used: ₹85.7188 (RBI reference rate as of July 8, 2025).
Strategic Implications
This capital infusion gives Tata Steel a stronger foothold globally by backing its Singapore-based subsidiary. The investment is expected to support the company’s international growth plans. And it is aimed to streamline its financial operations across overseas markets.
Tata Steel Stock Performance
Tata Steel shares closed at ₹160 on July 10, 2025, representing a 1.03% surge or a ₹1.63 increase in the National Stock Exchange. Tata Steel shares dipped 4,91% in the last year, up 17% in the year-to-date, and 2.7% in the previous month.
About Tata Steel
Tata Steel Ltd, a part of the Tata Group, is one of the world’s leading steel manufacturers with a global footprint. The company is listed on both the NSE and BSE and operates across India, Europe, and Southeast Asia through subsidiaries like TSHP.
REF: https://nsearchives.nseindia.com/corporate/POOJAMARU_10072025213021_BSENSE_signed.pdf
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