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Tata Sponge Iron completes registration of transfer deed from UML

29 May 2019 Evaluate

Tata Sponge Iron has completed the registration of the transfer deed among Usha Martin (UML), the company and the Governor of Jharkhand, in relation to the transfer of the operative iron ore mine in favour of the company. However, the transportation of the iron ore extracted from the mine to the company’s plant will take some time pending grant of permissions from the concerned authorities.

Tata Sponge Iron is engaged in business of manufacturing high-grade sponge iron that is consistent quality. The company also in the business segment of Power, Sponge Iron.

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