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Acquisition of equity stake in TSN Wires Co Ltd

7th Aug 2025 07:00

RNS Number : 3128U
Tata Steel Limited
06 August 2025
 

 

 

August 6, 2025

 

London Stock Exchange 

London 

 

Dear Madam, Sirs,

 

Sub: Acquisition of equity stake in TSN Wires Company Limited

 

This has reference to our disclosure dated July 31, 2025 on the abovementioned subject.

 

This is to inform you that, The Siam Industrial Wire Company Limited ('SIW'), an indirect wholly owned foreign subsidiary of Tata Steel Limited ('Company') has today i.e. August 6, 2025, completed the acquisition of 40% stake in TSN Wires Company Limited ('TSN Wires') from Nichia Steel Works Ltd. Post this acquisition, TSN Wires has become an indirect wholly owned foreign subsidiary of the Company.

 

This disclosure is being made pursuant to Regulation 30, 51, Schedule III and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

 

This is for your information and records.

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