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Tata Steel Boosts T Steel Holdings with ₹2,402 Crore Investment, Securing 262 Crore Shares
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Tata Steel Infuses ₹2,402 Crore into T Steel Holdings, Acquires 262 Crore Shares
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CNBC TV18
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26-02-2026, 22:23
Tata Steel Infuses ₹2,402 Crore into T Steel Holdings, Acquires 262 Crore Shares
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Tata Steel acquired 261.90 crore equity shares of T Steel Holdings Pte. Ltd (TSHP) for $264 million (₹2,401.50 crore).
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TSHP remains a wholly owned subsidiary of Tata Steel after the transaction.
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The company reported a consolidated net profit of ₹2,730 crore for Q3, up from ₹295 crore a year earlier.
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Revenue from operations increased over 6% year-on-year to ₹57,002 crore, driven by higher deliveries.
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Domestic production and delivery volumes rose significantly, with strong performance in automotive and retail sectors.
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