Tata Sponge Iron announced that the Committee of Board at its meeting held on 24 July 2019 has approved the allotment of 2,97,00,000 Rights Equity Shares at a price of Rs 500 per Rights Equity Share (including a premium of Rs 490 per Rights Equity Share).
Accordingly, pursuant to the aforesaid Allotment, the paid-up equity share capital of the Company has increased to Rs 45,10,00,000/- consisting of 4,51,00,000 equity shares of face value of Rs 10 each.
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