BusinessTata Steel Invests Rs 3,260 Crore in Singapore Subsidiary T Steel Holdings
Tata Steel acquired approximately 393 crore shares of its Singapore-based subsidiary T Steel Holdings Pte Ltd for Rs 3,260 crore on September 29, 2026. This acquisition maintains TSHP as a wholly owned subsidiary. Earlier, Tata Steel's board approved an additional fund infusion of $2 billion, raising the total investment limit to $26.21 billion. The company recently reported a 21% sequential decline in consolidated net profit for the first quarter.
NDTV Business·3h ago

