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Tata Steel has completed the divestment of its 100% stake in wholly owned subsidiary Jamshedpur Football and Sporting Private Limited to Churchill Brothers Sports Club.
Tata Steel acquired an equity stake in its wholly-owned subsidiary, T Steel Holdings Pte. Ltd, for ₹1,340.16 crore. The acquisition maintains TSHP as a wholly-owned subsidiary.
Tata Steel has approved the divestment of its entire 100% stake in Jamshedpur Football and Sporting Private Limited to Churchill Brothers for a nominal consideration of ₹100.