Tata Steel Infuses USD 460 Million into Wholly Owned Subsidiary T Steel Holdings

Mumbai, September 24, 2025 – Tata Steel Limited announced the acquisition of 457.71 crore equity shares in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd. (TSHP), at a face value of USD 0.1005 per share. The transaction, completed on September 24, 2025, represents an aggregate investment of USD 460 million (₹4,054.66 crore), calculated at an RBI reference exchange rate of ₹88.1447 per USD published on September 22, 2025. Disclosure Details This capital infusion follows earlier fund subscriptions into TSHP, disclosed on May 12, June 25, July 10, and August 26, 2025. TSHP will remain a wholly owned foreign subsidiary of Tata Steel Limited after this acquisition. The filing was made in compliance with Regulation 30 and 51, read with Schedule III, of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The disclosure was digitally signed by Parvatheesam Kanchinadham, Company Secretary and Chief Legal Officer, Tata Steel Limited. Strategic Significance The investment underscores Tata Steel’s ongoing commitment to strengthening its overseas subsidiary, supporting global operations, and aligning with its long-term growth strategy.