Home Business 3% stake of TIDCO in its subsidiary L&T Shipbuilding for 32.74 crore

3% stake of TIDCO in its subsidiary L&T Shipbuilding for 32.74 crore

By
Dhrumit Thakkar
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1291
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(G.N.S) Dt. 13 Chennai In a major decission 3% stake of Tamil Nadu Industrial Development Corporation (TIDCO) in its subsidiary L&T Shipbuilding for 32.74 crore. With the acquistion of TIDCO’s 1.33 crore shares on April 10, L&T Shipbuilding now becomes a wholly-owned subsidiary of L&T. L&T Shipbuilding was incorporated in

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