Tata
Sons buys Tata Inds’ 19% in Elxsi
Economic Times - March 25, 2003
Tata
Sons, the holding company of the Tata group, has
acquired the entire 18.98% stake held by Tata
Industries in Tata Elxsi. Tata Sons acquired a
total of 59.1 lakh shares at Rs 80 a share on
March 24. Post-acquisition, the holding company’s
stake is up at 38.2%, said Tata Elxsi in a notice
to BSE.
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