tata steel ltd (TATA:Natl India)
Transactions by TATA STEEL LTD (TATA) in the last 6 months
Tayo Rolls Ltd (BSE:504961) announced a private placement of 500,000, 8.5% non-cumulative redeemable preference shares at INR 100 per share for gross proceeds of INR 50,000,000 on September 13, 2014. The securities will be issued to the existing investor Tata Steel Limited, on preferential basis. On the same day, the company received approval from the board of directors for the transaction.
Steel & Tube Holdings Limited (NZSE:STU) agreed to acquire Tata Steel International (Australasia) Limited from Tata Steel Limited (BSE:500470) for NZD 27.5 million in cash on April 7, 2014. The deal is expected to complete on April 14, 2014.
Oberoi Realty Limited (BSE:533273) won the auction to acquire 25 acre Borivali land parcel from Tata Steel Limited (BSE:500470) for INR 11.6 billion in cash on March 24, 2014. A committee of independent Directors has been appointed. Oberoi Realty has raised INR 7500 million through issue of non convertible debentures to fund the tansaction. The sale will be concluded after all requisite permissions are obtained. Knight Frank India acted as prpoerty advisor in the transaction. ...
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