SP offers to sell back 3% Tata Sons stake for Rs.25k-cr
Bengaluru/Mumbai, Sept. 18 -- Tata Trusts chair Noel Tata presented a Shapoorji Pallonji Group proposal to the Tata Sons board on Thursday, wherein the minority investor offered to sell up to a 3% stake back to the holding company for Rs.25,000 crore. According to an executive, the group has offered this as an alternative to making Tata Sons a publicly listed company - something the minority investor has long demanded. P12...
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