Shapoorji Pallonji Group

Power Finance Corporation's board approved a loan to Shapoorji Pallonji group companies, with expected collateral including real estate cash flows and the Mistry family's Tata Sons shares. [2] source: Business Standard Business Standard reported that the group's maturing debt was Rs 20,000 crore and that the Mistry family's personal debts were around $3 billion. [2] source: Business Standard

In June 2024, Power Finance Corporation's board approved a Rs 15,000 crore loan to the group's companies to repay debts. The loan was expected to run for four years and be disbursed through two special purpose vehicles. [2] source: Business Standard In September 2026, Mint reported that the group offered to sell up to three percentage points of its 18.37% Tata Sons stake for about ₹25,000 crore to ease debt pressures. [1] source: Mint Tata Sons' board instead initiated listing steps, while Tata Trusts continued pursuing alternatives to remain unlisted. [1] source: Mint On 28 September 2026, Tata Trusts said its roughly ₹25,000 crore liquidity plan for the group is separate from Tata Sons restructuring and any potential listing. The plan would marginally reduce the 18.37% stake and address about half of the group's debt. [3] source: CNBC-TV18

Times of India reported in September 2026 that potential Shapoorji Pallonji Group opposition is among the hurdles facing a proposed merger of Tata Electronics Systems Solutions and Tata Consulting Engineers into Tata Sons. [4] source: Times of India