REG - Tata Steel Limited - Acquisition of equity stake in TSHPL
Ref.: SEC/785/2025-26
August 26, 2025
London Stock Exchange
London
Dear Madam, Sirs,
Sub: Acquisition of equity stake in T Steel Holdings Pte. Ltd
This is further to our disclosures dated May 12, 2025, June 25, 2025 and July 10, 2025 regarding infusion of funds by Tata Steel Limited ('Company') by way of subscription to equity shares of T Steel Holdings Pte. Ltd ('TSHP'), a wholly owned foreign subsidiary of the Company.
In this connection, we wish to inform you that, the Company has today i.e., on August 26, 2025, acquired 353,23,38,309 equity shares of face value USD 0.1005 each aggregating to
USD 355 million (₹3,104.03 crore*) in TSHP. Post this acquisition, TSHP will continue to be a wholly owned foreign subsidiary of the Company.
This disclosure is being made in compliance with Regulation 30 and 51 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
*USD to INR exchange rate has been taken as ₹87.4375 as published by Reserve Bank of India on
August 22, 2025.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END MSCFLFIDTFIRFIE