31st May 2011 11:51
RNS Number : 5473H
Tata Steel Limited
31 May 2011
31st May 2011
Tata Steel Limited inducts Krosaki Harima Corporation
as Strategic Partner in Tata Refractories Limited.
Further to our Press Release dated 21st April 2011, this is to inform that Tata Steel Limited has today completed the transaction and received the relevant consideration for the transfer of 51% equity shares of Tata Refractories Limited out of its current stake of 77.46% stake in Tata Refractories Limited to Krosaki Harima Corporation of Japan at an equity valuation of Rs 1130 crore.
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
Tata Steel