Tata Steel acquires 32.6 cr shares of arm Tata Steel Mining for Rs 625 cr

Tata Steel acquires 32.6 cr shares of arm Tata Steel Mining for Rs 625 cr

by admin- Monday, April 11th, 2022 04:24:37 PM

Tata Steel on April eleven, 2022, obtained 32,sixty three,70,757 equity shares of Rs. 10/- every at a premium of Rs. Nine.15/- in keeping with proportion, of Tata Steel Mining, a completely-owned subsidiary of Tata Steel, for an quantity aggregating to approximately Rs. 625 crore. On crowning glory of the above acquisition, Tata Steel Mining will remain a wholly-owned subsidiary of the Company.

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