SC ruling widens gap between Mistry’s view of Tata Sons value, realizable value2 min read . Updated: 26 Mar 2021, 03:00 PM IST
- Based on today’s prices, the value of the listed holdings alone are worth around Rs9.9 trillion. The value of SP Group’s stake, therefore, stands at Rs1.8 trillion on the strength of the listed holdings alone
MUMBAI: A price quoted for an asset has no value unless there is both a willing buyer and a seller at the said price. When Shapoorji Pallonji Group said last September it was willing to sell its 18.4% stake in Tata Sons Ltd, it valued the stake at Rs1.8 trillion. The Tata Group, on the other hand, the only likely buyer for the stake, said in court the value of the stake is not more than Rs80,000 crore.
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