Shapoorji Pallonji Group wants Tata Sons to consider Rs 25,000 crore share buyback
The SP Group has not withdrawn the proposal, which was placed before the Tata Sons board by Noel Tata at its last meeting, the people said. The subsequent Reserve Bank of India (RBI) directive requiring Tata Sons to pursue a listing has not altered the group's need for funds, even as it has welcomed the regulatory move, they said.
Synopsis The SP Group has not withdrawn the proposal, which was placed before the Tata Sons board by Noel Tata at its last meeting, the people said. The subsequent Reserve Bank of India (RBI) directive requiring Tata Sons to pursue a listing has not ... [4717 chars]
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Story file
- Section
- Business
- Topics
- Economy & RBI
- First reported by
- The Economic Times
- Published
- Wednesday, 21 October 2026, 12:48 am IST
- Coverage
- One outlet so far
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