Stock Report

Tata Power acquires shares in CTTL and IEPL



Posted On : 2007-02-26 19:48:03( TIMEZONE : IST )

Tata Power acquires shares in CTTL and IEPL

Tata Power Company Ltd has announced that the Company has acquired the following shares:

1. 59136 Equity Shares of Chemical Terminal Trombay Ltd (CTTL) of Rs 100/- each representing 28% of the paid-up share capital of CTTL. Consequently, CTTL has become a wholly owned subsidiary of the Company, and

2. 7400 Equity Shares of Industrial Energy Pvt Ltd (IEPL) of Rs 10/- each representing 74% of the paid-up share capital of IEPL. Consequently, IEPL has become a subsidiary of the Company.

Source : Equity Bulls

Keywords