Tata Steel acquires 394 crore shares in subsidiary T Steel Holdings for ₹3,260 crore

Domestic steel major Tata Steel Ltd on Tuesday (September 29) acquired 393.52 crore equity shares of its wholly owned foreign subsidiary T Steel Holdings Pte. Ltd (TSHP) for $340 million (₹3,260.32 crore), as part of an additional funding plan approved by its board.The company said the shares have…