The Shapoorji Pallonji Group has urged Tata Sons to consider launching an IPO, according to reports. What Happened: According to a report by The Economic Times on Tuesday, the Shapoorji Pallonji Group,

The SP group, which is the single largest shareholder in Tata Sons, has had fraught relations with the Tatas after Cyrus Mistry was removed as Tata Group chairman in October 2016 following a bitter ba

The SP Group, as a minority shareholder, has provided constructive feedback, noting the improved performance of Tata Group companies in recent years.

The Shapoorji Pallonji Group, holding an 18.37% stake in Tata Sons, has suggested exploring an IPO to unlock value for stakeholders. At the Tata Sons AGM, the SP Group praised the performance under chairman N Chandrasekaran.