Skip to main content

MoneyWorks4Me

Tata steel’s arm completes sale of entire stake in Black Ginger

19 Feb 2019 Evaluate

Tata steel’s indirect wholly owned subsidiary -- T S Global Minerals Holding has concluded the divestment of its entire stake in Black Ginger. Earlier, T S Global Minerals Holdings had entered into an agreement with IMR Asia Holding to divest its entire stake in Black Ginger (100%).

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.

Peers
Company Name CMP
JSW Steel 1245.00
Tata Steel 167.70
Steel Authority 159.70
Jindal Stainless 674.25
APL Apollo Tubes 2161.00
View more..