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Tata Steel signs agreement to sell stake in Al Rimal Mining

Al Rimal Mining LLC, is a stage down auxiliary of Tata Steel Limited and was shaped with the target of limestone mining in Oman, Tata Steel educated the trades in a notice. Goodbye Steel held 70% value stake in Al Rimal Mining through its completely claimed roundabout backup …

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Tata Steel to sell stake in limestone mining venture Al ...

May 10, 2019· Tata Steel announced that definitive agreements have been signed to induct Oman National Investments Development Company TANMIA as a shareholder in Al Rimal Mining LLC, a company which was ...

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Tata Steel gains on inking agreements to induct TANMIA as ...

Tata Steel has signed definitive agreements to induct 'Oman National Investments Development Company' (TANMIA) as a shareholder in Al Rimal Mining LLC, a Company which was incorporated with the objective of limestone mining in Oman. As a result, the indirect equity stake of Tata Steel in Al Rimal Mining LLC will reduce from 70% to 51%.

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Tata Steel signs agreement to sell stake in Al Rimal Mining

Al Rimal Mining LLC, is a step-down subsidiary of Tata Steel Limited and was formed with the objective of limestone mining in Oman, Tata Steel informed the exchanges in a notification. Tata Steel held 70% equity stake in Al Rimal Mining through its wholly owned indirect subsidiary Tata …

Tata Steel inks agreements to induct TANMIA as shareholder ...

Tata Steel has signed definitive agreements to induct 'Oman National Investments Development Company' (TANMIA) as a shareholder in Al Rimal Mining LLC, a Company which was incorporated with the objective of limestone mining in Oman. As a result, the indirect equity stake of Tata Steel in Al Rimal Mining LLC will reduce from 70% to 51%.

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Tata Steel: Divestment of stake in Al Rimal, Oman ...

Jun 11, 2019· Al Rimal Mining LLC was formed with the objective of limestone mining in Oman and has not yet commenced operations. As on March 31, 2018, the networth of the company was ~OMR 364,000 (i.e. ~Rs. 6 ...

Tata Steel to sell 19% stake in Oman mining arm - The ...

Tata Steel is planning to sell 19 per cent of its holding in the Oman-based limestone mining company, Al Rimal Mining LLC, to Oman National Investments Development Company (Tanmia).In a …

BRIEF-Tata Steel Divests Partial Stake In Al Rimal Mining ...

may 9 (reuters) - tata steel ltd tisc.ns: * annuounces divestment of partial stake in al rimal mining llc, oman, an indirect unit of co * tata steel - co stake in al rimal mining llc …

Al Rimal Mining LLC: Private Company Information - Bloomberg

Jun 26, 2019· Company Overview. Al Rimal Mining LLC owns and operates the Uyun mine which consists of limestone reserves. The company is based in Oman. Al Rimal Mining LLC operates as a subsidiary of T S Global ...

Tata Steel to sell stake in Oman mining subsidiary - Oman ...

'Tata Steel hereby announces that definitive agreements have been signed to induct Tanmia as a shareholder in Al Rimal Mining LLC, which is a step-down subsidiary of Tata Steel Limited and was formed with the objective of limestone mining in Oman', Tata Steel said in a statement on its website.

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Tata Steel to divest 19 pc holding in Al Rimal Mining ...

May 09, 2019· As a result, the indirect equity stake of Tata Steel Ltd in Al Rimal Mining LLC will reduce by 19 percentage points. The other existing shareholders of Al Rimal Mining have also decided to sell their 11 per cent holding to TANMIA, taking the new shareholder's ownership in Al Rimal Mining to …

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