Tata Steel Ltd

Acquisition details

• Target: T Steel Holdings Pte. Ltd (TSHP), Singapore-based holding subsidiary of Tata Steel.
• Acquired shares: 393,51,85,186 equity shares at USD 0.0864 nominal each.
• Total consideration: USD 340 million for the acquisition.
• Completion date: September 29, 2026.
• Industry/sector: holding company within Tata Steel group; country: Singapore.
• Purpose: fund TSHP and expand group investments.
• Regulatory approvals: not disclosed.
• Consideration form: cash subscription.
• Shareholding after: TSHP remains wholly owned; percentage not disclosed.
• Background: TSHP functions as Tata Steel's overseas investment arm.

Tata Steel Limited: Trading Window closed from September 24, 2026 in connection with finalization of financial results for the quarter and half year ending September 30, 2026; the Trading Window will open 48 hours after the said financial results are declared to the Stock Exchanges.

ESG rating disclosure

• SES ESG voluntarily assigned Tata Steel ESG score 68.3 (Grade B) for 2026 in Metals and Mining Sector.
• Tata Steel did not engage SES ESG for rating services; report based on public FY2025-26 data.
• Assignment date: September 17, 2026; disclosure filed September 18, 2026.
• Disclosure under SEBI LODR Regulations 30 and 51.

Meeting Details

• Date and time: September 25, 2026 at 9:00 a.m. HKT (6:30 a.m. IST)
• Type and mode: Group meeting; venue Hong Kong
• Organizer: Investor Meetings (fund/broking house)
• Purpose: scheduled investor call

Meeting Details

• Date/time: Sep 24, 2026 at 9:00 a.m. HKT (6:30 a.m. IST).
• Type: One-to-One / Group Meeting; Mode: Physical (Hong Kong).
• Venue/Organizer: Hong Kong; 33rd CITIC CLSA Investors' Forum.
• Purpose: Schedule for analyst/institutional investor meeting.

Participants

• Management participation not disclosed in filing.

Meeting Details

• Date and time: September 23, 2026 at 9:00 a.m. SGT (6:30 a.m. IST).
• Type: One-to-One / Group Meeting; Venue: Singapore.
• Organizer: Investor Meetings (fund/broking house).
• Purpose: Analyst/institutional investor meeting.

Meeting Details

• Date and time: September 21, 2026 at 10:00 a.m. IST.
• Type of meeting: One-to-One / Group Meeting; Venue: Mumbai.
• Event/organiser: JP Morgan India Conference.
• Purpose: Intimation of schedule for analyst/institutional investor meeting.
• Key company participants: Company Secretary and Chief Legal Officer.

Transaction overview

• Target: T Steel Holdings Pte. Ltd, Singapore-based wholly owned Tata Steel subsidiary.
• Shares acquired: 1,620,370,371 equity shares for USD 140 million.
• Payment form: cash consideration.
• Acquisition date: completed August 27, 2026; TSHP remains wholly owned.
• Strategic rationale: capital infusion to TSHP to maintain 100% ownership.
• Regulatory approvals: not disclosed.
• Background: TSHP is Singapore-based, no products/services disclosed.
• Control: TSHP remains a wholly owned subsidiary; no external shareholders.
• Industry: steel and metals.
• Turnover: not disclosed.

Cessation: CIO Jayanta Banerjee

• Jayanta Banerjee ceases as Chief Information Officer due to superannuation, effective November 1, 2026.

Appointment: CIO Manish Garg

• Manish Garg appointed Chief Information Officer, effective 1 November 2026; CIO designate since January 2026.
• Profile: 29 years at Tata Consultancy Services with cross-industry leadership.