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Price Band for further public issue of Equity Shares
Tata Steel Limited has informed the Stock Exchanges that the Committee of Directors duly authorized by the Board of Directors of the Company by a resolution dated January 14, 2011 fixed a Price Band of Rs. 594 to Rs. 610 per Equity Share for its Further Public Issue of 57 million Ordinary Shares of Rs. 10 each of the Company.
The Anchor Book opens and closes on January 18, 2011. Issue opens on January 19, 2011 and closes on January 21, 2011.
About Tata Steel
Established in 1907, Tata Steel Group is among the top ten global steel companies with an annual crude steel capacity of over 27 million tonnes per annum (mtpa). It is now one of the world's most geographically-diversified steel producers, with operations in 26 countries and a commercial presence in over 50 countries. The Tata Steel Group, with a turnover of US$ 22.8 billion in FY '10, has approximately 81,000 employees across five continents and is a Fortune 500 company. The Group’s vision is to be the world’s steel industry benchmark in “Value Creation” and “Corporate Citizenship” through the excellence of its people, its innovative approach and overall conduct. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency.
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For investor enquiries Sandip Biswas Praveen Sood |
For media enquiries contact: Sanjay Choudhry Bob Jones |