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11 Mar
10:27

Tata Steel executes NINL share sale-purchase agreement

Tata Steel Long Products (TSLP) has executed a share sale and purchase agreement with Neelachal Ispat Nigam (NINL)’s joint venture partners, for the acquisition of 93.71% equity shares in NINL on 10 March. “The disinvestment transaction now moves to the closing stage,” says Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey. NINL’s partners include MMTC, NMDC, MECON, Bharat Heavy Electricals, Industri…
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