Mistrys seek to sell Tata stake

The Pallonji Mistry family on Tuesday announced its decision to exit Tata Sons – the holding company of India’s largest conglomerate in which it is the largest minority shareholder with almost 18.4% – after a bitter and protracted four-year battle in courtrooms and outside. The SP Group said, “the family believes that a separation of interests would best serve all stakeholders."

Mistrys seek to sell Tata stake
The Pallonji Mistry family on Tuesday announced its decision to exit Tata Sons – the holding company of India’s largest conglomerate in which it is the largest minority shareholder with almost 18.4% – after a bitter and protracted four-year battle in courtrooms and outside. The SP Group said, “the family believes that a separation of interests would best serve all stakeholders."