Tata Steel says raises $480 mn

Tata Steel Ltd has raised 20 billion rupees ($480 million), including a greenshoe option, through a private placement of debentures, says an official.

Updated on: May 8, 2008, 11:10:19 IST

Reuters | By HT Correspondent, Mumbai

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India's top private steel maker Tata Steel Ltd said on Thursday it had raised 20 billion rupees ($480 million), including a greenshoe option, through a private placement of debentures.

Further details were not immediately available.

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