Tata Steel has on 05 April 2022, executed a Share Purchase Agreement with Steel Authority of India (SAIL) for acquisition of the entire equity stake of SAIL (50%) held in S&T Mining Company (S&T Mining).
On completion of the acquisition, S&T Mining (presently a Joint Venture between SAIL and the Company), will become a wholly owned subsidiary of the Company.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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