Tata Sons ups Tata Chem stake to 15.28%

Tata Sons has picked up 2.97% stake in group company Tata Chemicals through market purchases taking its total stake in the company to 15.28%.

Tata Sons acquired 64 lakh equity shares of the total paid up capital of Tata Chemicals between August 30 and September 12.

According to a release issued by Tata Chemicals to the NSE today, "following the acquisition, the stake of Tata Sons in the company now stands at over 3.28 crore shares."