Tata Steel Ltd.

Tata Steel has acquired 25,00,00,000, 12.5% Non-Convertible Redeemable Preference Shares of face value of Rs.10 each ('NCRPS') of TRF, for the consideration aggregating to Rs. 250 crore.  TRF is a listed entity engaged in the production of material handling equipment. It has manufacturing facility at Jamshedpur. 

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.