On February 20, 2025, Tata Steel announced that it has purchased more than 191 million shares of T Steel Holdings Pte Ltd for $300 million, which is about ₹2,603.16 crore. T Steel Holdings is a company based in Singapore and is part of Tata Steel, a large Indian steel company. This means that T Steel Holdings will still be completely owned by Tata Steel after this deal. The shares have a face value of $0.157 each. This move will likely strengthen Tata Steel’s position in the steel industry.
Tata Steel Acquires T Steel Holdings for $300 Million
Tata Steel acquires over 191 million shares of T Steel Holdings for $300 million, ensuring its subsidiary remains wholly owned. Read more about this exciting news!
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