Business Standard

Sunday, December 22, 2024 | 10:45 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Tata Steel to acquire balance 50% stake in S&T Mining

Image

Capital Market
Tata Steel has on 05 April 2022, executed a Share Purchase Agreement with Steel Authority of India (SAIL) for acquisition of the entire equity stake of SAIL (50%) held in S&T Mining Company (S&T Mining). On completion of the acquisition, S&T Mining (presently a Joint Venture between SAIL and the Company), will become a wholly owned subsidiary of the Company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 07 2022 | 9:41 AM IST

Explore News