Tata Steel Ltd.

Tata Steel has acquired 557,32,48,408 equity shares of face value $0.157 each aggregating to $875 million (Rs 7,324.41 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.