30-August-2026
Corporate News
 
Tata Steel infuses Rs 1,340 crore into overseas subsidiary T Steel Holdings
29-Aug-2026

Tata Steel acquired a stake worth Rs 1,340 crore or $140 million in its wholly owned foreign subsidiary, T Steel Holdings (TSHP), on Thursday. This comes as part of a broader investment plan announced by the company this year in March. The steelmaker acquired over 162 crore equity shares of face value $0.0864 each, amounting to Rs 1,340.16 crore. Post-acquisition, TSHP will continue to operate as a wholly owned subsidiary of the company.

News Source:- https://www.financialexpress.com/business/industry-tata-steel-infuses-rs-1340-crore-into-overseas-subsidiary-t-steel-holdings-4327014/
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org