A meeting of the Board of Directors of the company will be held on Thursday, April 20, 2017.
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New Delhi: Tata Steel today said its board will meet this week to consider a proposal for raising funds. "A meeting of the Board of Directors of the company will be held on Thursday, April 20, 2017 inter-alia to consider a proposal for fund raising," the company said in a filing to the BSE.
Tata Steel stands among the top global steel companies with an annual crude steel capacity of 28 million tonnes and had a turnover of USD 17.69 billion in FY 2015-16.
It is the world's second-most geographically-diversified steel producer with operations in 26 countries and commercial presence in over 50 countries.
( Source : PTI )
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