Tata Power`s arm sells stake in Nelito
Tata Power has said in a filing to the Bombay Stock Exchange that NELCO and Af-Taab
, subsidiaries of the company, along with other shareholders of Nelito
have entered into an agreement for sale of shares of Nelito
to DTS Corporation, Japan. NELCO Limited (NELCO
), a subsidiary of the Company and Af-Taab
Investment Company Limited (Af-Taab
), a wholly owned subsidiary of the Company, both together hold 49.89 per cent in Nelito Systems Limited (Nelito
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