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TATA STEEL LTD. - Sale of equity shares of Tata Motors Limited
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18 Sep 2015
Tata Steel Ltd has informed BSE that the Company based on the review of its portfolio, is proposing to sell equity shares of face value of Rs. 2 each of Tata Motors Limited to institutional investors over the stock exchange for a value not exceeding Rs. 1,250 crore. The price will be discovered through a book building process.&lt;BR&gt;&lt;BR&gt;The Company also proposes to sell equity shares of face value of Rs. 2 each of Tata Motors Limited to Tata Sons Limited around the market price through an off-market transaction for a total value not exceeding Rs. 1,250 crore.
View all announcements for TATA STEEL LTD. Source: BSE India