Tata Sons Plans To Offload 23.4 Million Shares In TCS To Raise $1.1 Billion
Tata Sons holds a 72.4% stake in TCS as of December 31. India’s Tata Sons, the holding arm of Tata Group, plans to sell shares in Tata Consultancy Services (TCS) worth up to 93.62 billion rupees ($1.13 billion) on Tuesday, a term sheet showed. Tata Sons plans to offload 23.4 million shares in the country’s…
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