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Tata Steel to acquire additional 4.19% stake in Subarnarekha Port

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has on 09 April 2018 entered into a definitive agreement to subscribe to additional 4.19% equity share of for consideration of Rs 10 crore.

Following such subscription, shall hold an aggregate 7.06% of the equity share capital of The transaction is expected to be completed in one month.

Subarnarekha Port, is a subsidiary of which has executed a concession agreement with to develop the

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 11 2018. 09:25 IST
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