Tata Steel Ltd.

Tata Steel has hiked its shareholding in its subsidiary -- Tinplate Company of India -- by 14% for over Rs 87.92 crore. Following the acquisition, the company now holds 73.44% stake in the Tinplate. The acquisition was done through a voluntary open offer made to the shareholder of the Tinplate between August 7 and August 22.

Few days back, Tata Steel purchased 11.26% stake or 17.34 lakh shares of associate firm Tata Sponge Iron through a voluntary open offer.

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.