Tata Steel invests ₹740 mln in TRF Ltd via redeemable preference shares
Tata Steel Ltd. disclosed that it had invested 740 million rupees in its associate company TRF Ltd. by purchasing non-cumulative, non-convertible, non-participating, redeemable preference shares, via an exchange filing. In a separate exchange filing, TRF announced that it had approved the allocation of 74 million non-cumulative, non-convertible, non-participating, redeemable preference shares
Source: freepressjournal.in