Tata Cap seeks nod for related party deals with Tata Steel

 DEV CHATTERIEE

Mumbai, 21 February

Tata Capital, the financial services arm of the Tata group, has asked shareholders to vote on its related party transactions with Tata Steel which are estimated to go up to 12,000 crore in the next financial year. These transactions will be equivalent to approximately 89.83 per cent of the annual consolidated turn over of the company for the financial year 2022-23, the company has said.