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Tata Steel on Friday, December 19, announced that it has invested ₹1,354.94 crore in its wholly owned overseas subsidiary T Steel Holdings Pte. Ltd. (TSHP), through subscription of equity shares.
In a regulatory filing, the company said it acquired 149 crore equity shares of TSHP, each with a face value of $0.1008. Post the transaction, TSHP will continue to be a wholly owned subsidiary of Tata Steel.
This investment follows earlier disclosures related to capital support given to TSHP, which have been made in compliance with Regulations 30 and 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
In August, it Bought shares worth ₹3,100 crore Which is 353.23 crore shares in the Singapore-incorporated subsidiary.
In the second quarter of the current fiscal, Tata Steel reported a net profit of ₹3,183 crore, up 319% year-on-year from ₹759 crore in the same period last year.
Revenue rose 8.9% to ₹58,689 crore in the quarter ended September 2025, from ₹53,904 crore. EBITDA grew 45% to ₹8,897 crore from ₹6,140 crore in Q2FY20, while EBITDA margin expanded to 15.2% from 11.4% year-on-year.
Read also, Tata Chemicals arm to buy 100% stake in Singapore-based Novabay for €25 million
(edited by : Ajay Vaishnav,