Markets Business Research Reports Exclusives Economy & Finance Law & Policy

Tata Steel To Consider Share Split On May 3

The steel major will also announce its results for Q4 and recommend dividend, if any, for the financial year.

Rishabh Bhatnagar

The Tata Steel Ltd. logo sits on a sign outside the company. (Photographer: Simon Dawson/Bloomberg)  

Tata Steel Ltd. will consider a proposal to split equity shares of the company on May 3.

The board of directors will "consider a proposal for sub-division of the equity shares of the company having a face of Rs 10 each, subject to regulatory/statutory approvals," according to an exchange filing.

The steel major will also announce its quarterly earnings for Q4 and recommend dividend, if any, for the financial year.

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
WRITTEN BY
Rishabh Bhatnagar
Rishabh covers technology, Big Tech and startups for NDTV Profit. Intereste... more
GET REGULAR UPDATES

RECOMMENDED FOR YOU

CFO Leaders: The Making Of Five Star CFOs 
timelogo Jan 14, 2021
Stocks Rise, Treasuries Fall on Stimulus Bets: Markets Wrap
timelogo Aug 19, 2019
Stocks End Record-Setting Week With Further Gains: Markets Wrap
timelogo Jul 15, 2019
The Mutual Fund Show: The Dos And Don’ts Of Online Investing
timelogo Apr 27, 2019

POPULAR

1
India To Revamp Antarctic Research Station Maitri
2
Railway Ministry Boosts GMs, DRMs Powers To Fast-Track Infra Work
3
Nitin Gadkari Hails Hydrogen As 'Fuel Of The Future'
4
Japan, Nagaland Collaborate On Kohima Peace Memorial To Commemorate WWII
5
S&P 500 Halts Winning Run As Enthusiasm Wanes: Markets Wrap