Tata Steel Ltd

💰 Tata Steel Board approves USD 2 Billion infusion in TSHP, total limit now USD 26.21 Billion

- Additional fund infusion of up to USD 2 Billion (~₹18,488.10 crore) in TSHP approved.

- Aggregate investment limit in TSHP raised to USD 26.21 Billion.

- Acquired 162,03,70,371 TSHP shares for USD 140 million (₹1,340.16 crore) on Aug 27, 2026.

- TSHP continues as wholly owned subsidiary post acquisition.

- Exchange rate used: ₹95.7258 per USD (RBI Aug 24, 2026).