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03-20-2012, 09:58 AM #1
Tata AIG Life Insurance buys 10,900 Tata Steel shares
Tata AIG Life Insurance, a promoter group company of Tata Steel, has purchased 10,900 shares of the steel maker for about Rs 50.84 lakh.
However, the total shareholding of Tata AIG Life Insurance will remain at 0.23 per cent, as it used to hold earlier, Tata Steel said in a filing to the Bombay Stock Exchange.
It added that the shares were purchased in four tranches on March 14 through open market.
Tata Steel shares closed Monday's trade on the BSE down 1.42 per cent at Rs 447.90.