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BSE SENSEX
74,382.26
+42.82
+0.06 %
Corporate Announcement
Security Code
500400
Company
TATA POWER CO.LTD.
Exchange Received Time
17/09/2019 10:11:13
Exchange Disseminated Time
17/09/2019 10:11:18
Time Taken
00:00:05
Announcement under Regulation 30 (LODR)-Diversification / Disinvestment |
9/17/2019 10:11:14 AM
Khopoli Investments Ltd. (a 100% subsidiary of Tata Power, 'the Company') today announced the execution of a Share Purchase Agreement with Exxaro Resources Ltd. for the divestment of the Company's entire 50% stake in Cennergi, a South African joint venture, for an amount of ZAR 1,550 million (USD 106 million), subject to normal working capital and other adjustments.
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