Shapoorji Pallonji Group

More Stories on Shapoorji Pallonji Group

Tata tussle: Noel Tata, Venu Srinivasan unlikely to back Mehli Mistry’s reappointment, says report

Oct 27, 2025, 07:44 AM IST

Mistry is not only a long-time confidant of Ratan Tata but also a cousin of the late Cyrus Mistry and linked to the Shapoorji Pallonji Group — Tata Sons’ second-largest shareholder.

Episode-4 BTS | The Listing Question: Behind The Factional Feud That Has Gripped The Tata Group

Oct 24, 2025, 03:02 PM IST

In this edition of Business Today magazine, we delve into the renewed tensions between the Shapoorji Pallonji Group and Tata Trusts over the public listing of Tata Sons. SP Group patriarch Shapoorji Pallonji Mistry has publicly called for greater transparency and good governance, highlighting both moral imperatives and financial pressures behind the demand. With an 18.4% stake in Tata Sons and mounting debt obligations, the group views listing as a way to unlock liquidity while respecting legacy. The standoff intersects with regulatory timelines, including RBI’s NBFC classification and compliance deadlines, and exposes internal fissures within Tata Trusts following leadership transitions. As legal, financial, and governance considerations collide, the story reflects broader questions of succession, control, and transparency at the heart of one of India’s most influential conglomerates.

There's no easy exit at Bombay House

Oct 17, 2025, 07:42 PM IST

Tata Trusts is not at all keen to list Tata Sons, which itself holds stakes in over 30 major companies, including Tata Consultancy Services (TCS), Tata Motors, and Tata Steel, among others.

The listing question: Behind the factional feud that has gripped the Tata group

Oct 17, 2025, 07:39 PM IST

The Tata–Mistry relationship hits fresh turbulence as the SP Group’s push to list Tata Sons collides with the Trusts’ resolve to stay private.

Inside the shift at Tata Trusts: How family equations are shaping the group’s future

Oct 11, 2025, 07:46 PM IST

A quiet but significant shift within Tata Trusts is reshaping the balance of power in the $180-billion Tata Group. Behind the apparent boardroom tussle lies a web of renewed family bonds, financial strain, and the looming question of Tata Sons’ public listing

Shapoorji Pallonji group calls for public listing of Tata Sons to ensure transparency, strengthen governance

Oct 10, 2025, 06:54 PM IST

The Shapoorji Pallonji Group firmly believes that a public listing of Tata Sons would not only reflect the values envisioned by its founder, Shri Jamsetji Tata, but also bolster trust among all stakeholders, including employees, investors, and the people of India, it said in a release.

Crisis at Tata Trusts: What’s tearing India’s most powerful board apart

Oct 10, 2025, 07:53 AM IST

The rift exploded last month when some Tata Trusts directors removed former defense secretar Vijay Singh as a nominee director from the Tata Sons board and attempted to oust Venu Srinivasan, another Tata Trusts-nominated director.

Power Finance Corporation turns down Shapoorji Pallonji Group’s Rs 20,000 crore fundraising plan

Nov 09, 2024, 04:00 PM IST

The spokesperson of the Shapoorji Pallonji Group said that the group has started exploring alternative deal structures, taking into account PFC’s feedback.

SP Group’s Afcons receives Sebi approval for its Rs 7,000-cr IPO; how has the company performed in last 5 years, what do experts suggest?

Sep 19, 2024, 02:05 PM IST

In FY23, Afcons posted gross sales of Rs 12,637 crore, a 15% jump over the previous year. Its top line has surged 92% (with a CAGR of 14%) in the last 5 years.

Shapoorji Pallonji Group to consolidate real estate holdings; launch IPO in two years: Report

Aug 20, 2024, 10:05 AM IST

Venkatesh Gopalakrishnan, who heads the new entity as its managing director and chief executive, said that this plan is in line with the company’s aim to streamline operations and enhance value creation.

IPO alert: Shapoorji Pallonji Group’s Afcons Infrastructure files draft papers for Rs 7,000 cr issue

Mar 29, 2024, 03:15 PM IST

Afcons Infrastructure, the flagship infrastructure engineering and construction company of Shapoorji Pallonji group has filed its DRHP with market regulator Sebi to raise Rs 7,000 crore via IPO.