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Tata Steel divests stake in Sri Lankan subsidiary, Lanka Special Steels

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Capital Market
Last Updated : Apr 01 2015 | 11:47 AM IST

For Rs 20.4 crore

Tata Steel announced that it has divested its stake in its wholly owned subsidiary incorporated in Sri Lanka, Lanka Special Steels (LSS) to E.B. Creasy & Company PLC (EBCC) for a total consideration of LKR 433 million (around Rs 20.4 crore) in an all cash deal.

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First Published: Apr 01 2015 | 10:36 AM IST

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