Tata Steel Limited (Tata Steel) has announced that Tata Steel Long Products Limited (TSLP), a subsidiary of Tata Steel, has completed the acquisition of 93.71% in 1 million tons per annum Neelachal Ispat Nigam Limited (NINL) from MMTC Ltd., NMDC Ltd., MECON Ltd., Bharat Heavy Electricals Ltd., Industrial Promotion and Investment Corporation of Odisha Ltd.,…
Tag: Neelachal Ispat Nigam Limited
Tata Steel Long Products acquires 93.71% equity stake in Neelachal Ispat Nigam Ltd
by
•Tata Steel Long Products Limited (TSPL) announced the acquisition of 93.71% equity shares in Neelachal Ispat Nigam Limited (NINL), effective March 10, 2022. According to the company’s exchange filing, “This is to inform you that, Tata Steel Long Products Limited (‘TSLP’) and Tata Steel Limited (‘TSL’) have today, i.e. March 10, 2022, executed a Share…