Tata Steel invests Rs 10 cr in subsidiary - Tata Steel Utilities and Infrastructure Services

Tata Steel has acquired 4,65,116 equity shares of Rs 10/- each at a premium of Rs 205/- per share of Tata Steel Utilities and Infrastructure Services (TSUISL), a wholly owned subsidiary of the Company, on Rights basis, for an amount aggregating to approximately Rs 10 crore. Consequent to the completion of the Transaction, TSUISL continues to be a wholly owned subsidiary of the Company.

Powered by Capital Market - Live News