Tata Steel acquires 51 pct stake of Creative Port Development

Tata Steel acquires 51 pct stake of Creative Port Development
  • Country:
  • India

Tata Steel said Tuesday it has completed the acquisition of 51 percent equity stake in Creative Port Development Pvt Ltd (CPDPL).

"The company has today concluded the acquisition of 51 percent equity stake in CPDPL," Tata Steel said in a BSE filing.

In January 2017, the steel major had announced to acquire a 51 percent stake of Creative Port Development Pvt (CPDPL) from CI Mega Projects Pvt Ltd for an undisclosed amount.

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