Tata Steel Ltd.

Tata Steel is planning to raise funds by issuing securities. The board of directors of the company will meet on December 18-19 to consider a proposal for the same. The board will consider raising of funds through qualified institutions placement, rights issue, preferential issue or through any other permissible mode.

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.