Announcement

Wednesday, August 18, 2010

TATA Steel financing and capital raising initiatives

TATA Steel Ltd raised INR 1,069.20 crores (USD 230 million) through a preferential allotment of shares and warrants to TATA Sons in July 2010.

Debt Pre/Repayment
TATA Steel injected an additional GBP 100 million in May 2010 into TATA Steel Europe, while TATA Steel Europe prepaid GBP 112.5

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