Brief: India's SP Group Formally Seeks Separation From Tata In Top Court

Tata Coffee

29/10/2020 11:54

Oct 29 (Reuters) - SP Group: 
    * FORMALLY SEEKS SEPARATION FROM TATA IN INDIA SUPREME COURT
    * ITS 18.37% STAKE IN TATA SONS VALUED AT OVER 1.75 TRLN
RUPEES
    * PROPOSES SHARE SWAP IN LISTED TATA ENTITIES FOR ITS STAKE
IN
TATA SONS
    * UNDER ITS PROPOSAL TATA SONS WILL CONTINUE TO HAVE CONTROL
OVER
UNDERLYING ASSETS INCLUDING OVER 51% STAKE IN TCS

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