Tata Steel Ltd News Today

Tata Steel in its defence contested that it has already paid GST of ₹500 Crore in its normal course of business.

The company stated that it has subscribed to 179.10 Crore equity shares of T Steel Holdings Pte. The shares are issued at a face value of $0.1005 per share.

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As per the company, with this investment, Odisha has become the largest investment destination for the company.

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The business informed the shareholders that bottomline growth was leveraged by robust other income and lower exceptional losses.

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In spite of recent tariffs imposed by the United States, Tata Steel explained that the effect on its global operations is likely to be limited

The tax row is connected to a ₹25,185.51 crore waiver of debt that was part of Tata Steel's purchase of Bhushan Steel, which is now named Tata Steel BSL Limited.

This investment, made on February 25, 2025, was used to repay external debt in Tata Steel’s offshore subsidiaries as well as to support the restructuring of Tata Steel UK Ltd.