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Tata Steel Limited ( (IN:TATASTEEL) ) has issued an announcement.
Tata Steel Limited has announced the acquisition of 179,10,44,776 equity shares in its wholly owned subsidiary, T Steel Holdings Pte. Ltd, for USD 180 million. This move is part of a larger strategy to infuse up to USD 2.5 billion into the subsidiary during the fiscal year 2025-26, reinforcing Tata Steel’s commitment to strengthening its international operations and market positioning.
More about Tata Steel Limited
Tata Steel Limited is a major player in the steel industry, known for producing a wide range of steel products. The company focuses on both domestic and international markets, with various subsidiaries to enhance its global presence.
Average Trading Volume: 1,544,726
Current Market Cap: 1903.1B INR
For an in-depth examination of TATASTEEL stock, go to TipRanks’ Overview page.