Corporate News 18-Jul-23
Tata Chemicals acquires further 4.99% stake in Rallis India
Tata Chemicals has acquired 97,00,000 equity shares having face value of Rs 1 each of Rallis India (Rallis), a listed subsidiary of the Company, at Rs 215.05 per equity share representing 4.99% of the paid-up share capital of Rallis by way of a block deal today i.e. 18 July 2023 at 8.45 a.m. The aforesaid acquisition has resulted in increase in shareholding of the Company in Rallis to 55.04%.
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