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Nava Bharat Ventures extends MOA with Tata Steel

17 Mar 2020 Evaluate

Nava Bharat Ventures has extended Memorandum of Agreement (MOA) with Tata Steel through an Addendum agreement, for a further period of 12 months with effect from April 01, 2020 till March 31, 2021 without changes in other terms and conditions. The company had earlier announced regarding MOA with Tata Steel for conversion of Chrome Ore into Ferro Chrome.

Nava Bharat Ventures operates in the business verticals of power generation, mining, ferro alloys and agri-business with multi-national operations spread over India, South East Asia and Africa.

Peers
Company Name CMP
Nava 534.90
Indian Metal & Ferro 1134.70
Maithan Alloys 843.05
Indsil Hydro Power 28.09
Chrome Silicon 38.90
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