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Tata Projects gets board nod to raise ₹2,500 cr
Business Standard
|March 15, 2025
Tata Projects gets board nod to raise ₹2,500 cr
Tata Sons, the holding company of the Tata group, is set to invest ₹1,432 crore in the rights issue of Tata Projects, the conglomerate's engineering, procurement, and construction (EPC) arm. The fundraising effort of Tata Projects aims to raise ₹2,500 crore from its shareholders.
The firm's board of directors and shareholders cleared the rights issue on Thursday, according to regulatory filings. Founded in 1979, Tata Projects has three key business segments: energy and industrial infrastructure, urban infrastructure, and services.
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