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Shapoorji Eyes Sale of Tata Sons Stake
Mint Bangalore
|August 13, 2025
Shapoorji Pallonji Group plans to use some of the proceeds from a potential sale of its 18.4% stake in Tata Sons to repay debt held by its infrastructure unit, according to people familiar with the matter.
Shapoorji is aiming to settle the outstanding ₹8,810 crore ($1 billion) in bonds that were issued by Goswami Infratech and mature in April next year, said the people, who asked not to
This story is from the August 13, 2025 edition of Mint Bangalore.
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