Tata Steel Completes Equity Acquisition of Singapore Wholly-Owned Subsidiary TSHP,Involving US$180 Million

NewTimeSpace News: On March 24, 2026, Tata Steel submitted a disclosure document to the Singapore Exchange and announced the completion of the equity acquisition of TSHP, its wholly-owned overseas subsidiary in Singapore.

According to the disclosure, Tata Steel acquired 1,785,714,286 ordinary shares of TSHP in this transaction, with a total consideration of US$180 million, equivalent to approximately₹168.027 billion. The announcement specified that following the completion of this equity acquisition, TSHP will continue to operate as a wholly-owned overseas subsidiary of Tata Steel.

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