DevET Techabout 1 hour ago
SP Group to issue Rs 25,500 crore bonds against Tata Sons stake
4 min read
Shapoorji Pallonji Group will launch a ₹25,500-crore bond issue Monday, backed by part of its 18.37% Tata Sons equity. The bond terms require Tata Sons to announce an IPO or SP Group to reach a settlement within 18 months. Monetisation of the Tata Sons stake is central to repayment.
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