Amalgamation of Tata Metaliks Ltd and Tata Steel Ltd.
Per a circular, Tata Metaliks Ltd. will be amalgamated into Tata Steel Ltd. Tata Steel Ltd shall issue and allot Equity Shares to the Shareholders of Tata Metaliks Ltd.
79 fully paid-up equity shares of Re.1/- each of Tata Steel Ltd to be issued for every 10 fully paid-up equity shares of Rs.10/- each held in Tata Metaliks Ltd.
Name of Company | Symbol | Reason for Suspension |
Tata Metaliks Ltd. | TATAMETALI | Scheme of Amalgamation |
Refer: BSE Circular