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Tata Steel divests its entire stake in Lanka Special Steels Limited

Tata Steel divests its entire stake in Lanka Special Steels Limited

Apr 01, 2015, at 10:33 pm

Mumbai/Kolkata, Apr 1 (IBNS): Tata Steel Limited ("Tata Steel") Wednesday announced that it has divested its entire stake in Lanka Special Steels Limited ("LSSL") to E.B. Creasy & Company PLC ("EBCC") for a total consideration of LKR 433 million (around Rs. 20.4 crore) in an all cash deal.