Ratan tata bought tata motors shares

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Tata Sons Hikes Stake In Tata Motors, Buys Shares Worth Rs 2, Crore. The shares were bought on an average price of Rs Press Trust of India Last Updated: December 13, Tata Sons on Tuesday hiked its stake by nearly 2 per cent in Tata Motors by buying additional shares for Rs 2, crore, days before the auto maker's shareholders' meet to discuss the ouster of Cyrus Mistry as director.

Tata Sons has purchased a total of 5 crore shares, amounting to 1. Following the transaction, shares of Tata Motors rose 3.

During the intra-day trade, ratan tata bought tata motors shares stock surged by around 5 per cent to touch the stock brokers commission high of Rs Tata Motors has called an extraordinary general meeting EGM on December 22 to seek shareholders' approval for removing Mr Mistry and Nusli Wadia as directors of the company.

Tata Sons Hikes Stake In Tata Motors, Buys Shares Worth Rs 2, Crore – NDTV Profit

Ousted from Tata Sons, Mr Mistry continues as chairman of Tata Motors. Ratan tata bought tata motors shares a sudden and dramatic turn of events last month, Mr Mistry was unceremoniously removed as the chairman of Tata Sons and replaced by his predecessor Ratan Tata in the interim, triggering a confrontation between the single-largest shareholder and the Tatas.

Mumbai-based Tata Motors is India's largest automobile company, with consolidated revenues of Rs 2,75, crore in Story first published on: Petronet LNG In Talks To Buy Stake In GSPC's Mundra LNG Terminal: Report BPCL Seeks 70, Tonnes Petrol To Plug Supply Gap: Report India Inc Celebrates International Yoga Day. India Inc Celebrates International Yoga Day.

Ratan Tata buys 1 lakh shares in Tata Motors - Livemint

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