Tata and SP Group in talks regarding 18.4% Tata Sons stake
According to a Moneycontrol report, the Tata Group and the Shapoorji Pallonji (SP) Group have engaged in conversations about potentially selling a portion of the SP Group's 18.4% shareholding in Tata Sons. The discussions included representatives for Tata Sons Chairman N Chandrasekaran and Tata Trusts Chairman Noel Tata. These negotiations are aimed at helping the SP Group generate capital and lower its high-interest debt burden.
by shortkt.com✓