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Tata Group may offer to buy 6% Tata Sons stake from SP Group amid standoff: Report
Tata Trusts and Tata Group are open to offering Shapoorji Pallonji Group the option to sell 4-6% of its Tata Sons stake amid an ongoing standoff between Tata Trusts' trustees over the conglomerate's control, Moneycontrol reported. The sale will provide liquidity to SP Group, which is facing a ₹30,000-crore debt burden. SP Group owns an 18.4% stake in Tata Sons.
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