Tata Steel to transfer its ferro alloy plant in Jaipur to Indian Metals & Ferro Alloys
For a consideration of Rs 610 cr
Tata Steel has signed an Asset Transfer Agreement with Indian Metals & Ferro Alloys (IMFA) for the sale of its Ferro Alloy Plant at Jajpur, Odisha for a base consideration of Rs. 610 crore.
The transaction is expected to close within 3 months, after receipt of requisite approvals.
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