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Tata Steel divests its entire stake in Lanka Special Steels Limited

Tata Steel divests its entire stake in Lanka Special Steels Limited

Mumbai, April 1, 2015: Tata Steel Limited (“Tata Steel”) today announced that it has divested its entire stake in Lanka Special Steels Limited (“LSSL”) to E.B. Creasy & Company PLC (“EBCC”) for a total consideration of LKR 433 million (around Rs. 20.4 crore) in an all cash deal.