MUMBAI: Tata sons opened a new battlefront with Shapoorji Pallonji (SP) on Tuesday, as he valued the minority shareholder’s 18.4% stake in the company up to 61% below the latter’s estimate. SP had valued its stake at Rs 1.78 million lakhs, while Tata Sons, in a Supreme Court filing on …
Read More »Mistrys seek to sell Tata stake, but valuation is seen as a challenge
MUMBAI: The Pallonji Mistry Family announced its decision on Tuesday to exit Tata Sons, the holding company of India’s largest conglomerate in which it is the largest minority shareholder with almost 18.4%, after a bitter and protracted four-year battle in court and outside of the courts. In a statement of …
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