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Shapoorji Pallonji Group urges Tata Sons to go public, possibly signaling a change in strategy amid a legal dispute.

Shapoorji Pallonji Group Advocates For Tata Sons IPO: Report

Byjus is staring at a major loan interest repayment

Tata Trusts, the majority shareholder of Tata Sons, has previously expressed concerns about using the company&#39;s shares as collateral for the loan. According to Tata Trusts&#39; CEO Siddharth Sharma, these shares are not freely transferable. PFC, however, has taken a legal stance that unlisted shares can be used as security for loans, a practice previously accepted by other lenders.

Shapoorji Pallonji Gets Closer To Using Tata Sons Shares As Collateral For ₹15,000 Cr Loan To Pay Off Personal Debts

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The divestment of Gopalpur Ports is part of SP Group&#39;s strategy to meet covenant terms set with lenders and debenture holders, involving the reduction of assets by March next year.

Adani Ports Said To Be In Talks To Acquire Port From Shapoorji Pallonji, Shares Gain Over 25% this Week

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