TATA STEEL LTD. - Definitive agreement for development of Subarnarekha Port and acquisition of 51% equity shares of Creative Port Development Private Limited ("CPDPL")

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25 Jan 2017
Tata Steel Ltd has informed BSE that the Company on January 25, 2017 executed the Share Purchase Agreement to acquire 51% equity shares of CPDPL from Cl Mega Projects Private Limited. The agreement will be effective subject to fulfilment of certain conditions precedent. Tata Steel also executed a Shareholders Agreement with CPDPL and its promoters for the development of Subarnarekha Port through an SPV, Subarnarekha Port Private Limited ("SPPL") and Shareholders Agreement shall be effective on closing of the Share Purchase Agreement.
View all announcements for TATA STEEL LTD.	Source: BSE India

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