Lenders to SP Group will have to offer the first right of refusal to Tata Sons under Article 75 of the holding company's articles of association, if the pledge were to be invoked. Officials close to the development said the lenders have done their due diligence on the legal validity of the possible pledge of shares.
from Economic Times https://ift.tt/3ypUviW
from Economic Times https://ift.tt/3ypUviW
Shapoorji Pallonji Group could pledge its entire Tata Sons stake to service debt
![Shapoorji Pallonji Group could pledge its entire Tata Sons stake to service debt]()
Reviewed by শ্রী শ্রী সত্যনারায়ণ নমঃ
on
July 05, 2021
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Shapoorji Pallonji And Company Private Limited is a global, diversified organization of 18 major companies. We deliver end-to-end solutions in 6 business segments, namely Engineering & Construction, Infrastructure, Real Estate, Water, Energy, and Financial Services.
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