Stocks

Tata AIG acquires 10,900 shares of Tata Steel

PTI Mumbai | Updated on March 19, 2012 Published on March 19, 2012

Tata AIG Life Insurance, a promoter group company of Tata Steel, has purchased 10,900 shares of the steel maker for about Rs 50.84 lakh.

However, the total shareholding of Tata AIG Life Insurance will remain at 0.23 per cent, as it used to hold earlier, Tata Steel said in a filing to BSE.

It added that the shares were purchased in four tranches on March 14 through open market.

Tata Steel shares were being quoted at Rs 446.80 apiece on the BSE at 15.25 hours, down 1.66 per cent from the previous close.

Published on March 19, 2012
This article is closed for comments.
Please Email the Editor