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Tata Steel informs about acquisition

29 Mar 2019 Evaluate

Tata Steel has informed about acquisition of 27,97,000 equity shares of face value Rs 10 each aggregating to Rs179,56,74,000, and 34,92,500 convertible warrants, aggregating to Rs 224,21,85,000 by Tata Steel of Tata Metaliks on preferential basis.

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

Peers
Company Name CMP
JSW Steel 1353.00
Tata Steel 182.00
Steel Authority 172.50
Jindal Stainless 686.05
APL Apollo Tubes 2181.00
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