Tata Steel Acquires Stake in Rohit FerroTech.
MANews-(C)2009-2022
Indian steelmaker Tata Steel Ltd's Tata Steel Mining Ltd. subsidiary is acquiring a 10% equity stake held by the financial creditors in India-based Rohit Ferro-Tech Ltd, a subsidiary of TSML, for an amount aggregating to approximately Rs 20.06 crore, the company said.
Upon completion of the transaction, RFT will become a wholly- owned subsidiary of TSML.
A player in the Ferro Alloy manufacturing sector, Rohit Ferro-Tech Limited (RFTL), previously - Rohit Ferro-Tech Private Limited started its journey in 2003 with a capacity...
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