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     Prices as on Sep 21, 2021 - 1:31PM     
  ABB India 1899.3 [ 1.34% ]
  ACC 2325.65 [ -0.04% ]
  Axis Bank Ltd. 788.15 [ -0.89% ]
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  HDFC 2757.15 [ 0.50% ]
  HDFC Bank 1542.6 [ -1.07% ]
  Hero MotoCorp 2846.95 [ -1.46% ]
  Hindalco Indus. 443.7 [ -0.14% ]
  ICICI Bank 704.5 [ -0.78% ]
  IDFC L 53.55 [ -1.65% ]
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  Infosys 1707.5 [ 1.16% ]
  ITC Ltd. 234.85 [ 0.54% ]
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  Mahi. & Mahi 736.5 [ -0.05% ]
  MTNL 18.35 [ 0.82% ]
  Nestle India 20228.45 [ -0.41% ]
  NIIT Ltd. 320.4 [ 1.70% ]
  NMDC Ltd. 137.8 [ 1.29% ]
  NTPC 124 [ 1.06% ]
  ONGC 135 [ 5.06% ]
  Power Grid Corpo 176 [ -0.45% ]
  Reliance Inds. 2402.8 [ 0.37% ]
  SBI 437.45 [ 0.03% ]
  Vedanta 291.9 [ 1.81% ]
  Sun Pharma. 762.6 [ 0.80% ]
  Tata Chemicals 796.2 [ -0.47% ]
  Tata Steel 1266.6 [ 1.06% ]
  Tata Power Co. 135.65 [ 0.89% ]
  Tata Consultancy 3864 [ 1.06% ]
  Tech Mahindra 1457.55 [ 1.87% ]
  United Spirits 740.9 [ 0.45% ]
  Wipro Ltd 663.75 [ 0.18% ]

News Details

Tata Power Co. - Updates

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22/07/2021 16:09
Tata Power Company Limited has informed the Exchange regarding 'Transfer of 100% stake held in Trust Energy Resources Pte Ltd to Tata Power International Pte. Ltd. The Company has signed Share Purchase Agreement (SPA) on 22nd July 2021 with Tata Power International Pte. Ltd. (TPIPL), a wholly owned subsidiary of the Company, for sale of 100% equity shares held in Trust Energy Resources Pte Ltd (TERPL), another wholly owned subsidiary of the Company for a consideration of $ 285.64 million.The above transaction is expected to be concluded in the next two to three weeks, subject to necessary regulatory approvals, if any.TERPL will continue to remain fully owned subsidiary of TPIPL and will be merged into TPIPL in the due course, subject to the regulatory approvals.'.