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Tata Sons Shares are Not Transferable, says Trusts

Edgy over Shapoorji Pallonji (SP) Groups plans to roll over pledged Tata Sons shares to refinance over $2 billion debt, Tata Trusts has, for the first time, officially said these are non-transferable.

Tata Sons: Tata Sons shares are not transferable, says Trusts

SP Group, promoted by the Mistry family, has pledged its entire 18.5% in Tata Sons held through two entities to secure monies from private credit funds such as Ares and Farallon. Additionally, it needs to raise funds for a separate repayment due in three months and refinance existing high-cost borrowings.

Tata Sons raises royalty fee 2x to Rs 200 crore

Tata Sons raises royalty fee 2x to Rs 200 crore
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Tata Group Companies Face Doubled Royalty Fee

Tata Group Companies Face Doubled Royalty Fee
indiainfoline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiainfoline.com Daily Mail and Mail on Sunday newspapers.

Tata Communications launches CloudLyte computing platform  - The Hindu BusinessLine

Tata Communications launches CloudLyte computing platform  - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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