Tata Steel partly-paid shares frozen at 10% lower circuit

The Company has fixed February 19, 2021 as the record date for the purpose of determining the holders of partly paid-up equity shares to whom the Call notice will be dispatched for payment of the Call

Tata Steel partly paid (PP) shares were locked in 10 per cent lower circuit at Rs 239.25 on the BSE on Wednesday after the company’s board approved making of the first and final call of Rs 461 (comprising Rs 7.5 towards face value and Rs 453.5 towards securities premium) per partly paid-up equity share, on 77.6 million outstanding partly paid-up equity shares of face value Rs 10 each, issued by the Company on a rights basis.

The company's board of directors has fixed February 19, 2021 as the record date for the purpose of determining the holders of partly