REVEALED: The sp group - The Real Truth

Tata Sons listing: Who holds the shares, who holds the cards

Tata Sons’ board has backed Chandrasekaran for another five years and begun considering steps to meet RBI requirements that could lead to a listing. But Tata Trusts, which owns about 66% of the holding company, is challenging his reappointment and opposes an IPO—setting up a battle between the board, controlling…

The Economic Times · Sep 18

Shapoorji Pallonji Group, Tata Sons' second-largest shareholder, backs IPO

Shapoorji Pallonji Group, which owns about 18.4% of Tata Sons, has backed a potential listing of the holding company after the RBI rejected Tata Sons’ request to surrender its Upper-Layer NBFC registration and directed it to comply with listing requirements.

The Economic Times · Sep 18

Tata Trusts puts Rs 25,000 cr SP Group liquidity plan before Tata Sons board

Tata Trusts Chairman Noel Tata presented a proposal to monetize Shapoorji Pallonji Group's Tata Sons stake. This plan aims to generate significant funds without forcing a public listing of the holding company. The transaction would involve selling shares over eighteen months, subject to regulatory approvals. This initiative seeks a fair…

The Economic Times · Sep 17