Noel Tata, Shapoorji discuss share swap for Tata Sons stake sale
Noel Tata and Shapoorji Pallonji Group are negotiating a potential share swap to facilitate the sale of SP Group's 18.4% stake in Tata Sons. The discussions aim to unlock liquidity, with SP Group considering shares from Tata's listed entities, such as Tata Power Co, to manage its debt obligations. A resolution could significantly impact Tata Sons' ownership structure.