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Tata Steel says it is compliant with all SEBI regulations

India Blooms News Service | | 27 Oct 2016, 01:54 pm
Mumbai, Oct 27 (IBNS): Tata Steel Limited has submitted its reply to The Exchange on Thursday rafter The Excahnge had sought clarification from the company with respect to a recent news item captioned ''Ousted Tata Chief Says Group Faces $18 Billion in Writedowns''.

 In its reply, Tata Steel Limited said that the Financial Statements of the company present the true view of affairs.

The company also said that it is in compliance with all SEBI listing regulations.

According to the media, stocks of Tata companies opened in the red on Thursday.