12-05-2025
Tata Steel to invest up to ₹21,410.95 crore in subsidiary T Steel Holdings over FY2025-26
By Aditya Bhagchandani Published on May 12, 2025, 19:43 IST
Tata Steel has approved an investment of up to USD 2.5 billion (approximately ₹21,410.95 crore) in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP), as per a regulatory filing dated May 12, 2025. The fund infusion will be carried out in one or more tranches during FY2025-26.
The investment will be made through subscription to equity shares of TSHP and aligns with the company's ongoing global expansion and strategic realignment of its overseas operations. TSHP plays a key role in Tata Steel's international business structure and is expected to be central in future initiatives.
The proposed investment will be made under the applicable foreign exchange regulations and will strengthen the capital base of the subsidiary, enabling it to fund its long-term projects and operational needs.
The board meeting in which the proposal was approved commenced at 2:00 p.m. IST and concluded at 5:00 p.m. IST. The disclosure has been made in compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
This move underscores Tata Steel's commitment to consolidating and scaling its international footprint while leveraging synergies across its global operations.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
