Tata Steel Transfers Stake in Himalaya Steel & TSAML  Subsidiaries
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Tata Steel Transfers Stake in Himalaya Steel & TSAML Subsidiaries

Tata Steel announced transferring of its 26% stake in Himalaya Steel Mill Services Private Limited to Tata Steel Utilities and Infrastructure Services

Tata Steel announced transferring of its 26% stake in Himalaya Steel Mill Services Private Limited to Tata Steel Utilities and Infrastructure Services Limited, formerly known as Jamshedpur Utilities & Services Company Limited, for an undisclosed amount. Tata Steel Utilities and Infrastructure Services Limited is a wholly-owned subsidiary of Tata Steel, the company said in a statement.

It has also transferred its 100% stake held in Tata Steel Advanced Materials Limited to another subsidiary company Tata Steel Downstream Products Limited.

Tata Steel did not disclose any financial details related to the share transfer

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