Shapoorji Pallonji Group wants Tata Sons to go for IPO

The Shapoorji Pallonji Group, holding an 18.37% stake in Tata Sons, has suggested exploring an IPO to unlock value for stakeholders. At the Tata Sons AGM, the SP Group praised the performance under chairman N Chandrasekaran. This marks a potential thaw in relations following years of legal battles after Cyrus Mistry’s ousting.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *