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Shapoorji Mistry presses Tata Trustees to back Tata Sons listing

Shapoorji Mistry urged Tata Trustees to support listing Tata Sons, which could unlock value for SP Group’s 18.37% stake and strengthen Tata’s capital position. Tata Trusts opposes a listing, while considering a ₹25,000 crore buyback of 3% from SP Group.

SP Group holds 18.37% of Tata Sons; a ₹25,000 crore buyback of 3% is being considered
SP Group holding in Tata Sons
18.37%
Stake considered for buyback from SP Group
3%
Buyback size considered
₹25,000 crore

Reported figures

From the report. Source details below

  • five-year term

Other figures

  • ₹60,000 crore
  • 17 September
  • 1965
  • 2016

The source

Source Read the source at Hindustan Times

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Confirmed by Mint

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