Tata Steel says board approves absorbing unit
Tata Steel says board approves absorbing unit
Mumbai: Tata Steel said on Wednesday its board had approved the amalgamation of Centennial Steel Co Ltd with the company effective 1 April.
Earlier this month, the world’s No. 7 steelmaker said its board would meet to consider a proposal to restructure its subsidiary Centennial Steel.
The company did not provide any other details.
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