tata power co ltd (TPWR:Natl India)
Transactions by TATA POWER CO LTD (TPWR) in the last 6 months
The Tata Power Company Limited (BSE:500400) entered into a share purchase agreement to acquire 50% stake in Itezhi Tezhi Power Corporation Ltd from Tata Africa Holdings (SA) (Pty) Ltd. on March 23, 2015. The deal is subject to various approvals and consents.
The Tata Power Company Limited (BSE:500400) entered into binding understanding to acquire Unattended Ground Sensors business from Nelco Limited (BSE:504112) for INR 83.1 million in cash on January 28, 2015. The Board of Directors of Nelco Limited approved the deal on January 28, 2015. The transfer of the business is subject to approvals and consent of Defence authorities and members of Nelco. As announced on January 30, 2015, Tata Power expects the transaction to happen ...
The Tata Power Company Limited (BSE:500400) agreed to acquire Ideal Energy Projects Limited in cash on December 10, 2014. The acquisition is subject to statutory, regulatory approvals and certain conditions precedent. The transaction is expected to complete within 4 to 6 months from the signing of the agreement. Payal Tiwari of Rediffusion and Aneesha Singh of Edelman acted as public relations advisor to Tata Power.
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