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Tata Steel Abandons TRF Merger as Business Rebounds | India Business News

India Business News: Tata Steel has decided to call off the merger with TRF due to the significant improvement in its business performance. Find out more about this development and its impact on Tata Steel. ....

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Tata Steel, TRF call off amalgamation scheme, Auto News, ET Auto

Tata Steel the promoter of TRF held a 34.1% stake in the company as on December-end. Under the amalgamation scheme, shareholders of TRF were to get 17 shares of Tata Steel for every 10 held in the company. ....

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Tata Steel calls off merger with TRF

Tata Steel calls off merger with TRF
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Tata Steel completes merger of 5 businesses, shelves TRF merger plan

Tata Steel on Wednesday announced the merger of five strategic businesses of the group with itself as part of an integration process aimed at simplifying business portfolio. ....

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TRF stock hits 20% upper circuit for 2nd straight day, up 54% in 5 sessions

Shares of TRF, a Tata Group company, hit the 20% upper circuit limit, reaching an eight-year high of ₹393.30 apiece, following the decision against proceeding with the amalgamation process. ....

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