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The Economic Times

Top News / The Economic Times

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Shapoor Mistry eyes 25,000 cr in two years for part of SP's Tata stake

Shapoor Mistry seeks 25,000 crore from Tata Sons for SP Group's stake. This proposal aims to raise cash while preserving Tata Sons' private status. Discussions are ongoing regarding transaction structure and valuation for a potential buyback. SP Group faces pressure from lenders and needs to monetize its holding. Monetization amount will depend on valuations and immediate funding needs.

12 Sep 2026 5:30 am