BusinessPhoto: Mint MarketsShapoorji Pallonji Urges Tata Sons to Prioritize ₹25,000 Crore Share Buyback
The Shapoorji Pallonji Group has requested Tata Sons to prioritize a ₹25,000 crore share buyback proposal at its next board meeting. The group aims to monetize part of its 18.4% stake in Tata Sons to raise funds for repaying debt. The plan involves a selective reduction of Tata Sons’ share capital over 18 months, with valuation based on fair value under income-tax rules.
Mint Markets·


