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Standard Chartered Bank divests entire 18.46% stake in Orissa Sponge Iron and Steel

16 Jan 2020 Evaluate

Standard Chartered Bank has sold its entire 18.46 per cent stake in Orissa Sponge Iron and Steel through off-market transactions. The sale which happened through off-market transactions took place on January 15, 2020.

Orissa Sponge Iron and Steel is engaged in manufacturing and marketing of iron and steel. The products include sponge iron and MS billets.

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