Tata Steel Ltd.

Tata Steel has acquired 178,34,39,490 ordinary equity shares of face value $0.157 each aggregating to $280 million (Rs 2,347.81 crore) in T Steel Holdings (TSHP) on August 28, 2024. Post this acquisition, TSHP will continue to be a wholly owned subsidiary of the company.

Earlier, the company has acquired 115,92,35,669 ordinary equity shares of face value $0.157 each aggregating to around $182 million (Rs 1,528.24 crore) in TSHP on August 14, 2024.

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.