In January, the government approved the sale of loss-making NINL to Tata Steel Long Products Ltd (TSLPL) for Rs 12,100 crore. highest bidder on DIPM
On February 2, the Department of Investment and Public Asset Management (DIPAM) issued the LoA to Tata Steel Long Products (TSLP) for the acquisition of the 93.71 per cent equity stake of NINL. “The process for the acquisition of NINL is likely to be completed within the next couple of months in accordance with the timelines announced by DIPAM,” Tata Steel said in a filing to the BSE.
SPA signed today by JV partners of NINL with Tata Steel Long Products. The disinvestment transaction now moves to the closing stage.
Important Notice
Full and final settlement from DIPM they given a final notice to all suppliers and Vender to NOC for his claim
First read notification carefully and collect document as soon as possible last date is 22.03.2022.
Download both Mandate from and No Claim Certificate format .
Bank Mandate from
Download Mandate form and sign to verify account from bank then print NOC format on your letter pad . After complete paper work then process mail to above notice Email id to send document as soon as possible.
Click and downloads both form link below .