Tata Investment becomes arm of Tata Sons

February 18th, 2008 - 5:46 pm ICT by admin  


Mumbai, Feb 18 (IANS) Tata Investment Corp Ltd (TICL) has become a subsidiary of Tata Sons Ltd. In a statement to the Bombay Stock Exchange, TICL said Tata Sons has acquired five million of its equity shares from Tata Chemicals Ltd.

Tata Sons Ltd now holds 54.98 percent of the paid-up capital of the company.

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