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TATA STEEL LTD. - Tata Steel Ltd reply to clarification sought by the exchange
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16 Feb 2015
The Exchange had sought clarification from Tata Steel Ltd with respect to news article appearing in Mint on February 16, 2015 titled &quot;Tata Steel to Cash out Mozambique Asset&quot;&lt;BR&gt;&lt;BR&gt;Tata Steel Ltd replied stating &quot;Please be informed that post our earning release on February 6, 2015, Mr. Koushik Chatterjee, Group Executive Director (Finance and Corporate) in the investor/analyst call, stated that, there has been a change in ownership of Benga Investment and that the Company is currently engaged with ICVL to understand their plans for the future after which the Company would be looking at taking strategic view on the portfolio. The recording of the call (audio file) is available on our website. The statement of Mr. T. V. Narendran, Managing Director, which appeared in the new article, is on similar lines as was disclosed to the investors on February 6, 2015.&quot;
View all announcements for TATA STEEL LTD. Source: BSE India