Tata Steel Ltd. (TTST.L), the Indian Steel major, Tuesday announced that it has acquired $180 million of shares of its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd or TSHP.
On March 24, the company purchased 178,57,14,286 equity shares of face value USD 0.1008 each amounting to $180 million or 1,680.27 crore INR.
Post this acquisition, TSHP will continue to be a wholly owned foreign subsidiary of the company, Tata Steel said in a statement.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.