Announcement

Friday, May 28, 2010

TATA Sons to infuse cash in TATA Steel

It is reported that TATA Sons will infuse close to INR 1,350 crore in TATA Steel by way of a preferential issue.

The main promoter of the TATA group informed the stock exchanges that it would subscribe to 1.5 crore ordinary shares and 1.2 crore warrants.

The price will be determined

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