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The company operates an extensive dealer network of more than 1,250 dealers across 29 of Bihar’s 38 districts

The company said the notification will soon be formalised into a signed agreement.

Following the latest infusion, TSHP will remain a wholly owned foreign subsidiary of Tata Steel, the company said in a filing with stock exchanges.

The campaign will continue until October 1, with fresh booking slots opening daily at special Muhurat times.

The block, spread over 3.38 sq km in Adilabad district, has been offered under a composite licence, which permits both prospecting and mining operations.

– The issue comprises a fresh issue worth up to INR 5,000 million together with an offer for sale of up to INR 7,500 million.

Reports suggest that the floor price for the deal has been fixed at ₹7,300 per share. This is at a 3.10% discount against the previous trading price.

The Government nodded to the project this year in August 2025. The commercial contract will today be formally signed, stated the sources.

The company has subscribed 60 Crore partly-paid equity shares of face value of ₹10 each. Of this, the company has paid ₹5 per share on application.

The contract, pegged at €4.22 million, will be spread over five years and covers cloud hosting, software licensing and implementation services.