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Tata Steel acquires 26.22 lakh equity shares of Indian Steel & Wire Products Back
(09 Sep 2023)
Tata Steel has on 08 September 2023 has acquired 26,22,890 equity shares at an issue price of Rs 427.01 per share (including a premium of Rs 417.01 per share) of The Indian Steel & Wire Products (ISWP), a subsidiary of the company, on preferential basis, for an amount aggregating to Rs 112 crore.

Upon completion of the Transaction, ISWP will continue to be a subsidiary of the Company