Announcement

Wednesday, July 29, 2009

TATA Steel submits INR 25 crore to BIFR for INCAB

TATA Steel submits INR 25 crore to BIFR for INCAB

TATA Steel announced that in accordance with the order of hon’ble Board for Industrial and Financial Reconstructions on July 22nd 2009, all bidders for Indian Cable Company needed to deposit INR 25 crore.

It said that TATA Steel has deposited INR 25 crores with the operating agency, State Bank of India, Kolkata, for the process of revival of INCAB.

Source From: TATA Steel submits INR 25 crore to BIFR for INCAB

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