 "Cyrus Mistry")
Shapoorji Pallonji (SP) Group is all set to file its settlement terms with the Supreme Court (SC) by Tuesday. This will ultimately see the exit of the cash-strapped Pallonji Group from Tata Sons.
With this, the hearing in the Tata versus Mistry case is likely to be adjourned to next month, said a source close to the development. “The settlement between Tata Group and SP Group is good news for both parties. The negotiations will now move towards the valuation of 18.4-per cent stake in Tata Sons,” clarified a source.
The Mistrys have pegged the valuation of their stake in
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