Tata Steel through its wholly-owned subsidiary -- T S Global Holdings Pte has concluded the divestment of its 19% equity stake in AI Rimal to Tanmia on October 3, 2022. With this, the company’s shareholding is reduced from 70% to 51% in Al Rimal.
T S Global Holdings Pte (formerly T S Global Mineral Holdings Pte) had entered into an agreement with Oman National Investments Development Company (Tanmia) and the existing shareholders of Al Rimal to transfer its 19% shareholding in Al Rimal to Tanmia.
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.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.20 |
| JSW Steel | 1263.50 |
| SAIL | 177.85 |
| Jindal Stainless | 786.60 |
| APL Apollo Tubes | 2122.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: