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

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Capital Market

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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