Tata Motors, one of the promoter group companies of Tata Steel, has pledged its entire holding of over 1.04 crore shares in the steel major.
BSE | NSE Price Also Read Related Stories News Now - Dorabji played key role to shape Tata Steel - Tata Motors plans to launch smaller light commercial vehicle - Tata Steel to ramp up European production - Maruti Suzuki customers most satisfied: JD Power survey - Tata Steel Q1 net loss at Rs 2,238 cr - Tata Motors invites FDs from public to raise Rs 1,500 cr Also Read Related Stories News Now - Markets surge to 2009 closing highs - BoR ties up with Bajaj Auto to offer vehicle loans - PM to chair Inter-State Trade Council meet next month - Solar mission would make nation power surplus - Canara Bank receives award for rural financing More In a disclosure to the Bombay Stock Exchange (BSE), Tata Steel said Tata Motors has pledged 1,04,40,882 shares, representing 1.31 per cent stake in the company on August 27. Calculated on the basis of the closing share price of Tata Steel on August 27, the pledging may have fetched Tata Motors an estimated over Rs 455 crore. Shares of Tata Steel closed at Rs 438.60, up 0.50 per cent on the BSE. 6amesh shareway --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
