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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. ....

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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. ....

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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.

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PFC seeks legal view on Shapoorji Pallonji promoters' Rs 15,000 crore loan ask

PFC seeks legal view on Shapoorji Pallonji promoters' Rs 15,000 crore 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.

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Tatas Keeping a Close Eye On Pledged Shares

The Tata Trusts and Tata Sons are said to be closely monitoring the Shapoorji Pallonji (SP) Groups bid to raise ₹20,000 crore from state-run institutions to refinance debt taken against stakes in the Tata Group holding company. ....

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