Tata Steel’s associate company TRF Limited has informed that Tata Steel Limited has on 8 June 2022 acquired 165 million, 12.17%, Non-cumulative, Non-convertible, Non-Participating, Redeemable Preference Shares of face value INR 10 each of TRF Limited, aggregating to INR 165 crores. Tata Steel, being the Promoter Company, holds 34.11% equity shareholding in TRF as on date and 250 million Non-Convertible Redeemable Preference Shares.The manufacturing facility of TF is located at its Jamshedpur works on a 21 acre area at Burmamines locality. TRF has been engaged in the business of designing & manufacturing of the bulk material handling systems and equipment for core sector industries such as power, ports, steel, mining and cement for projects undertaken on Turnkey basis. The equipment includes Crushers, Screens, Feeders, Conveying equipment, Mining equipment, Wagon tippler systems and Stacker reclaimer. TRF primary operates in the following areasElectromechanical jobsIndustrial structure and fabricationLife Cycle Services and allied servicesElectro-mechanical jobs and Industrial fabrication specialize in design, manufacture, erection and commissioning of units or equipment, Life cycle services helps meet the post commissioning requirement of customerThe revenue of TRF2021-22: INR 127.14 crore2020-21: INR 113.95 croreFY2019-20: INR 186.41 crore
Tata Steel’s associate company TRF Limited has informed that Tata Steel Limited has on 8 June 2022 acquired 165 million, 12.17%, Non-cumulative, Non-convertible, Non-Participating, Redeemable Preference Shares of face value INR 10 each of TRF Limited, aggregating to INR 165 crores. Tata Steel, being the Promoter Company, holds 34.11% equity shareholding in TRF as on date and 250 million Non-Convertible Redeemable Preference Shares.The manufacturing facility of TF is located at its Jamshedpur works on a 21 acre area at Burmamines locality. TRF has been engaged in the business of designing & manufacturing of the bulk material handling systems and equipment for core sector industries such as power, ports, steel, mining and cement for projects undertaken on Turnkey basis. The equipment includes Crushers, Screens, Feeders, Conveying equipment, Mining equipment, Wagon tippler systems and Stacker reclaimer. TRF primary operates in the following areasElectromechanical jobsIndustrial structure and fabricationLife Cycle Services and allied servicesElectro-mechanical jobs and Industrial fabrication specialize in design, manufacture, erection and commissioning of units or equipment, Life cycle services helps meet the post commissioning requirement of customerThe revenue of TRF2021-22: INR 127.14 crore2020-21: INR 113.95 croreFY2019-20: INR 186.41 crore
