Tata Steel has officially announced in a filing to the stock exchange that it has acquired equity shares worth around Rs 3,100 crore in its Singapore subsidiary, T Steel Holdings Pte Ltd (TSHPL), by subscribing to new equity shares.
Tata Steel acquired 353,23,38,309 shares in T Steel Holdings, each share carrying a face value of USD 0.1005. The total investment amounts to USD 355 million, or about Rs 3,104 crore. T Steel Holdings will continue as a wholly owned foreign arm of Tata Steel even after the acquisition of the stake.
The latest investment is in line with Tata Steel’s plan, which was approved in May 2025, to channel up to USD 2.5 billion into the Singapore unit during FY2025–26 in multiple phases.
The company is in the process of strengthening its overseas operations as global steelmakers brace for possible tariff actions by the Trump administration.
Significantly, this is the fourth capital injection by Tata Steel into T Steel Holdings this year, after earlier tranches of Rs 10,727 crore in February, Rs 1,562.54 crore in June, and Rs 1,073.63 crore in July. All the issuances were made at the same face value per share.
In its latest quarterly results, Tata Steel reported a consolidated net profit of Rs 2,007 crore for Q1 FY26, more than double the Rs 918.6 crore posted in the same period last year. Revenue during the quarter stood at Rs 53,178 crore, down 2.9 per cent from Rs 54,771 crore a year ago.