The real estate conglomerate plans to use the proceeds to invest in rupee-denominated bonds to be issued later by a local group entity.
After the RBI classified Tata Sons for listing in 2022, Tata Trusts first sought to end its NBFC status and, after that bid failed, proposed merging two operating businesses into the holding company
Group subsidiary Porteast Investment faces a ₹3,500 crore ($365 million) payment on debt raised in May 2025. SP Group has sought to extend the September 30 deadline to October 31
Once shares begin trading, management must report to investors through financial results, material disclosures and regular shareholder communication
SP Group is in talks with lenders to exercise a so-called greenshoe option on an existing ₹21,350 crore facility that would allow it to raise an additional ₹3,500 crore
RBI order on Tata Sons listing has provided 'full clarity', Mistry says a day after Noel Tata opposed any such move
SP Group chairman says public listing can strengthen transparency, governance and philanthropy, and calls for closer engagement with Tata Sons and Tata Trusts
Earlier, wealth managers were pitching the bonds to high net worth individuals (HNIs) and ultra-HNIs with a minimum investment of Rs 10 crore and yields of up to 17.80 per cent.
Tata Sons' board has cleared a listing plan after years of legal and regulatory hurdles. Here's a look at the key events that shaped the Tata group holding company's road to the IPO
Tata Chemicals, Tata Investment Corporation, Afcon Infrastructure, and Forbes & Company zoomed up to 20 per cent on the BSE in intra-day deals.
RBI's directive for an immediate listing marks a turning point in a dispute spanning Tata Sons' private status, upper-layer NBFC classification and failed deregistration bid
Representatives of Noel Tata are exploring the possibility where SP Group receives shares of companies such as Tata Power in exchange for some or all of its 18.4% in the privately-held Tata Sons
Last week, the Reserve Bank of India retained Tata Sons Pvt. on its updated list of systemically important shadow lenders
Shapoorji Pallonji Group raised about ₹15,100 crore in one of India's largest private credit deals to refinance debt, backed by domestic and global investors
SP Group, Tata Sons' largest minority shareholder, owns around 18.4% of the company's shares, has struggled for years to monetise the holding
One of subsidiaries will issue about ₹15,000 cr worth of rupee-denominated bonds to a group of investors including Farallon Capital Management, Davidson Kempner Capital & Cerberus Capital Management
Some investors are attempting to offload debt linked to a Shapoorji Pallonji Group subsidiary at a discount as negotiations over refinancing and repayment extensions continue ahead of a key deadline
Goswami Infratech has now secured commitments from at least five foreign and domestic investors to subscribe to a planned rupee-bond issue, the sources added
Until now, Tata Sons has remained unlisted, but there is now pressure to list from internal stakeholders, including its second largest shareholder, the Shapoorji Paloonji (SP) Group
The infrastructure-focused conglomerate, backed by billionaire Shapoor Mistry, is proposing to offer 18.75 per cent yield on the zero-coupon bonds of its unit Goswami Infratech Pvt