Tata Steel’s arm to divest entire equity stake in NatSteel Holdings

Tata Steel Ltd. | Steel & Iron Products | Metals & Mining | BSE: 500470 | NSE: TATASTEEL

30 Sep 2021 Evaluate

Tata Steel’s indirect wholly owned subsidiary -- T S Global Holdings Pte. (TSGH), has executed definitive agreements with Toptip Holding Pte to divest its entire equity stake held in NatSteel Holdings (NSH). The sale process of NSH shares has been completed and TSGH has received the consideration for sale of shares.

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.

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