Mumbai, Aug. 29 -- Tata Steel has acquired equity shares worth around Rs 3,100 crore in its Singapore subsidiary, T Steel Holdings Pte Ltd (TSHPL), by subscribing to new equity shares, the company announced in a stock exchange filing.

The company said it acquired 353,23,38,309 shares in T Steel Holdings, each share carrying a face value of USD 0.1005. The total investment amounts to USD 355 million, or about Rs 3,104 crore.

TSHPL will continue as a wholly owned foreign arm of Tata Steel even after the acquisition of the stake.

The latest investment is in line with Tata Steel's plan, which was approved in May 2025, to channel up to USD 2.5 billion into the Singapore unit during FY2025-26 in multiple phases.

The company is in the process ...