22
Feb
12:19
Tata Steel receives approval for TRF merger withdrawal
Indian steelmaking major Tata Steel has received approval from the National Company Law Tribunal, Mumbai Bench (NCLT) to withdraw its merger plan with TRF, Kallanish notes.
In a 7 February exchange filing, Tata Steel’s board announced its plans to not continue with its merger with TRF as the unit was witnessing a turnaround in its business. TRF is involved in bulk material handling equipment, systems and allied services.
In September 2022, Tata Steel h…
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Anonymous
Very good overview of the weekly steel market.
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