Tata Steel's Global Push Continues with $180 Million Investment in TSHP
- Tata Steel invested $180 million (Rs 1,562.54 crore) in its wholly owned subsidiary, T Steel Holdings Pte. Ltd. (TSHP), as part of a planned $2.5 billion funding.
- The investment supports debt repayment and restructuring efforts in Tata Steel's offshore businesses, including Tata Steel UK Ltd.
- Tata Steel obtained RBI approval as the investment exceeded the $1 billion limit under the automatic overseas investment route.
Tata Steel Limited, the homegrown steel giant, announced that it has invested $180 million (Rs 1,562.54 crore) in its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd. (TSHP), as part of a broader capital infusion strategy approved earlier this year.
The company subscribed to 179.10 crore equity shares of TSHP at a face value of $0.1005 per share. This move is in line with Tata Steel’s board approval in May 2025 to infuse up to $2.5 billion into TSHP during the financial year 2025–26, in one or more tranches. Following this transaction, TSHP continues to remain a wholly owned subsidiary of Tata Steel.
In a related development earlier this year, Tata Steel had acquired 78.85 million ordinary equity shares for $1.24 billion (around Rs10,727 crore) from TSHP on February 25, 2025. This investment is earmarked for repaying external debt in Tata Steel’s offshore subsidiaries and to support the restructuring of Tata Steel UK Ltd.
TSHP, incorporated in Singapore in 2006, serves as the holding company for Tata Steel’s international businesses. Although already a wholly owned subsidiary, Tata Steel secured RBI approval for the investment as it crossed the $1 billion threshold under the automatic route for overseas investments.
