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SP Group pushes for Tata Sons IPO, invokes Jamsetji
Mint Chennai
|October 11, 2025
FROM PAGE 16
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SP Group sold several assets in recent years over debt.
(REUTERS)
Nirmala Sitharaman and home minister Amit Shah
The Tata Group has so far resisted an IPO. The central bank has not confirmed whether it has given it an exemption from listing or if it will take any action against it for crossing a 30 September deadline.
“We are confident that the RBI will act, as it always has, in accordance with the rule of law and the spirit of fairness,” the SP Group said.
The SP Group has sold several assets in recent years to pare its debt, including Eureka Forbes, the Gopalpur Port in Odisha and several real estate assets. It has also publicly listed Afcons Infrastructure Ltd.
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