MoneyWorks4Me

Tata Steel acquires stake in T Steel Holdings

25 Jun 2026 Evaluate

Tata Steel has acquired 199,07,40,741 equity shares of face value $0.0864 each aggregating to $172 million (Rs 1,625.29 crore) in T Steel Holdings Pte (TSHP), a wholly owned foreign subsidiary of the company. Post this acquisition, TSHP will continue to be a wholly owned subsidiary of the Company. 

Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.


Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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