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Untangling the dispute between Tata Trusts and the Shapoorji Pallonji Group

Untangling the dispute between Tata Trusts and the Shapoorji Pallonji Group
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.

Cyrus mistrySp groupShapoorji pallonji sp groupTata sonsShapoorji pallonji

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.

Cyrus mistrySiddharth sharmaAshish kumar singhGoswami infratechSupreme courtPower finance corpNational company law tribunalTata sons articles of associationSp groupShapoorji pallonji groupShapoorji pallonji sp groupShapoorji pallonjiTata sonsTata trustsTata sonPallonji group

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.

Cyrus mistrySiddharth sharmaGoswami infratechAshish kumar singhPower finance corpShapoorji pallonji sp groupSupreme courtNational company law tribunalShapoorji pallonji groupTata sons articles of associationSp groupShapoorji pallonjiTata sonsTata trustsTata sonPallonji group

Tata Trusts says SP Group s pledged Tata Sons shares non-transferable: Report

The Tata and SP groups have been at odds since Cyrus Mistry was ousted as Tata Sons chairman in October 2016.

Pallonji mistrySiddharth sharmaCyrus mistryTata groupShapoorji pallonji sp groupSp groupTata sons ltdTata trustsTata sonsSons ltdShapoorji pallonjiEconomic times

PFC Seeks Legal View on SP Promoters ₹15kcr Loan Ask

PFC Seeks Legal View on SP Promoters ₹15kcr Loan Ask
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.

Cyrus mistryDeutsche bankTata groupPower finance corpTata sons articles of associationSp groupWhile the reserve bankShapoorji pallonji sp groupShapoorji pallonji groupSterling investment corpAdani groupState owned power finance corpShapoorji pallonjiTata sonsTata trustsReserve bank

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