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Tata Steel, the country's oldest steel producer, will be selling its entire stake in Titan Company for Rs 352.10 per share on or after Aug 11, the latter said in an exchange notification today.
The steel producer holds 2.18% stake in the company, which it will sell to Tata Sons, promoter of Titan Company.
After acquiring the stake, promoter Tata Sons' total stake in Titan Company would rise to 25.38% from 23.19% at present.
