The country's largest software firm, Tata Consultancy Services, today said one of its promoter group company Tata Sons has pledged an additional 1.17 crore shares with lenders for an undisclosed amount.
Tata Sons has pledged another 1.17 crore shares, taking a total to over 12.06 crore shares representing 12.33 per cent stake in the company, TCS said in a filing to the Bombay Stock Exchange.
On February 12, Tata Sons had disclosed that it has pledged over 10.89 crore shares representing 11.14 per cent stake in the company.
Shares of the Tata Consultancy Services were trading at Rs 512, up 1.17 per cent on the BSE.
