Citing its concern over unusually long litigation with Tata Sons; Shapoorji Pallonji’s group headed by Cyrus Mistry, offered to exit Tata Sons if provided with an ‘early resolution’ and a ‘fair and equitable solution’. The statement was made in the Supreme Court by senior advocate Aryam Sundaram representing the SP Group on 22^nd September.

Shapoorji Pallonji’s stakes in Tata Sons

Shapoorji Pallonji and Tata Sons are in a relationship for over seven decades. SP Group currently holds an 18.37% stake in Tata Sons, one of the holding companies of the Tata Group.