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Markets / The Economic Times

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SP Group in talks to raise Rs 25,000 crore via unrated NCDs

Shapoorji Pallonji Group is in talks to raise 25,000 crore via unlisted debentures, targeting a 14-15% IRR. This comes as the group explores options to monetize its 18.37% stake in Tata Sons, including a potential listing or buyback, which could lower borrowing costs.

1 Dec 2025 6:10 am