TatastoselM1%inHaldia Petrochemicals to WBIDC

摘要

The Tata Group is all set to sell a major portion of its 14% stake in Haldia Petrochemicals Ltd.(HPL) to the West Bengal Industrial Development Corporation (WBIDC) - one of the three major co-promoters - at face value.According to Mr.Ratan Tata,Chairman of the Tata group,the Group's role in HPL would be reduced to a "token participation" of 3%.