Tata Steel Limited calls for call money to be paid on partly paid shares

The Board of Directors of Tata Steel Limited at its meeting held today i.e on February 9, 2021, approved making of the first and final call of ₹461/- (comprising ₹7.496 towards face value and ₹453.504 towards securities premium) per partly paid-up equity share ("the Call"), on 7,76,36,788 outstanding partly paid-up equity shares of face value ₹10 each, issued by the Company on a rights basis, pursuant to its Letter of Offer dated January 22, 2018.

The record date to identify the shareholders for making the first and final call is fixed as February 19, 2021.

Shares of TATA STEEL LTD. was last trading in BSE at Rs.699.55 as compared to the previous close of Rs. 702.9. The total number of shares traded during the day was 980881 in over 16463 trades.

The stock hit an intraday high of Rs. 716.3 and intraday low of 691.7. The net turnover during the day was Rs. 693642912.

Source : Equity Bulls

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