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Tata Metaliks Ltd (TMET.NS)

TMET.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Tata Metaliks March qtr profit rises
Friday, 21 Apr 2017 07:06am EDT 

April 21 (Reuters) - Tata Metaliks Ltd :March quarter net profit 403.6 million rupees versus profit 384.1 million rupees year ago.March quarter total income from operations 4.15 billion rupees versus 3.80 billion rupees year ago.Says recommended dividend of INR 8.50 per non cumulative redeemable preference share.Says recommended dividend of INR 2.5 per share.  Full Article

Tata Metaliks commences shutdown of mini blast furnace #1
Wednesday, 30 Nov 2016 07:11am EST 

Tata Metaliks Ltd :Says proposed shutdown to modernize and expand mini blast furnace #1, has commenced on November 30, 2016.  Full Article

Tata Steel advises Tata Metaliks to refile fresh merger with Tata Metaliks DI Pipes
Tuesday, 17 May 2016 04:55am EDT 

Tata Steel Ltd : Tata Steel Ltd.- scheme of amalgamation between Tata Metaliks Limited and Tata Metaliks DI pipes limited with TATA Steel Limited . Tata Metaliks will continue to operate as a unit company of Tata Steel . Tata Metaliks been advised to consider withdrawing scheme with leave to re-file fresh scheme for merger with Tata Metaliks di pipes . Decision is based on careful consideration of various factors including inordinate delay in obtaining requisite regulatory and statutory approvals" . Directors' panel approve proposal to file application before bombay high court seeking recall of scheme of amalgamation of units with co .  Full Article

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