Shapoorji Pallonji Group News

Companies

NCLT issues notice to Shapoorji Pallonji Group over insolvency plea

Chennai-based Intertouch Metal Buildings Pvt. Ltd, a roofing and cladding firm, has pleaded that it hasn’t received payments from Shapoorji Pallonji & Co. Pvt. Ltd for its work since October 2022.

1 min read1 Apr 2025
Companies

Tata Trusts continues to oppose transfer of Tata Sons shares owned by SP Group

The chief executive of Tata Trusts told Mint in an email response to a questionnaire sent on Tuesday that Tata Sons’ shares cannot be used as collateral for fresh loans by the SP Group.

5 min read11 Dec 2024
Markets

Afcons Infra cuts offer size to ₹5,400 crore after raising ₹3,000 crore before IPO

Including the pre-IPO round, the company is looking to raise about ₹8,400 crore, 20% more than the ₹7,000 crore it had originally planned. The additional funds will help parent firm Shapoorji Pallonji Group better manage a debt crisis in another group company.

2 min read17 Oct 2024
Industry

PFC loan backed by 6x loan value: SP Group

PFC reiterates due diligence on, loan yet to be disbursed

3 min read17 Jan 2025
Companies

Shapoorji Pallonji Group looks to raise $1.6 bn via private credit facility, may pledge shares in Tata Sons: Report

Shapoorji Pallonji Group is likely to raise $1.6 billion via private credit facility. And most likely, the Group may pledge its shares in Tata Sons for the fundraising.

1 min read16 May 2023

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