Tata Sons AGM marks SP Group thaw, Noel Tata joins board
At the Tata Sons AGM, the Shapoorji Pallonji Group approved all resolutions, signaling improved relations. Discussions are underway regarding SP Group’s potential exit and monetization options, with Tata Sons exploring avenues. Revenue has nearly doubled and net profit has more than tripled over the past five years, with the group adopting a ‘fitness first, velocity next’ mantra.
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