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Tata Steel informs about updates on sale of ordinary shares

19 Sep 2015 Evaluate

Tata Steel has informed that the Company, as part of its portfolio restructuring has on September 18, 2015, sold through off-market transaction 3,78,78,787 Ordinary Shares of the face value of Rs. 2 each of Tata Motors Limited to Tata Sons Limited at a price of Rs. 330 per share, aggregating to Rs. 1249.99 crore.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
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