
Tata and SP Group Rekindle Exit Talks Amid Financial Struggles, ETLegalWorld
Mumbai: Tata Sounds is understood to have initiated early talks with its minority shareholder, the Shapoorji Pallonji (SP) Group, to discuss the way forward in terms of potential exit options and monetisation scenarios for the latter’s stake in the company that’s currently pledged with lenders. The SP Group owns 18.37% of unlisted Tata Sons, the…