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TATASTEEL
executed a strategic capital infusion into its wholly owned foreign subsidiary, T Steel Holdings Pte Ltd (TSHP), by acquiring 261.90 crore equity shares for $264 million, equivalent to ₹2,401.50 crore. Each share carries a face value of $0.1008, and the transaction ensures TSHP's continued status as a fully owned entity.
This move aligns with prior fund injections into TSHP from May 2025 through February 2026, strengthening the subsidiary's financial position amid Tata Steel's robust Q3 performance.
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