Saturday, May 30, 2026

Tata Steel pumps ₹4,054 crore into Singapore arm T Steel Holdings

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Tata Steel Ltd on Wednesday said it has infused fresh capital into its overseas arm, T Steel Holdings Pte. Ltd (TSHP), by acquiring 457.7 crore equity shares worth ₹4,054.66 crore. T

he subscription to new shares, with a face value of USD 0.1005 each, takes the company’s cumulative investment in TSHP this year to USD 460 million.

TSHP will continue as a wholly owned foreign subsidiary of Tata Steel following the latest equity infusion, the company said in an exchange filing. The move follows a series of earlier capital infusions disclosed between May and August this year, aimed at strengthening Tata Steel’s international operations.

Also Read: Metal stocks are shining and they might sparkle brighter in the weeks ahead

The announcement came as Tata Steel’s share price hit a fresh 52-week high of ₹174.35 in intraday trade on the BSE, buoyed by a healthy business outlook and strong demand trends in the metals sector. The stock, however, pared gains to close flat at ₹172.65, down 0.35%.

So far in September 2025, Tata Steel shares have surged 13%, significantly outperforming the BSE Sensex’s 2.7% rise and the BSE Metal Index’s 11% rally.

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