Shapoorji Pallonji Group News
A hint of exiting Tata Sons is making SP Group hopeful as it goes into bond market again
SP Group company Goswami Infratech Pvt. Ltd is looking to raise ₹20,000-25,000 crore by selling three-year high-yield bonds to refinance an earlier loan.
3 min read1 Dec 2025Cyrus Mistry's son Firoz joins Afcons Infrastructure Board, Santosh Nayar named independent director
Firoz Mistry, son of the late Tata Group chairperson Cyrus Mistry, joins Afcons Infrastructure's board as a non-executive director. His appointment signals the next generation's involvement in the Shapoorji Pallonji Group, alongside veteran banker Santosh Nayar as an independent director.
2 min read25 Sep 2025Shapoorji Pallonji Group mulls sale of 18.4% Tata Sons stake to repay ₹876 crore debt: Report
Shapoorji Pallonji Group intends to use proceeds from selling its 18.4 per cent stake in Tata Sons to repay ₹876 crore debt owed by Goswami Infratech, as per a Bloomberg report. The move aims to lower borrowing costs amid ongoing talks for the stake sale.
1 min read12 Aug 2025Shapoorji Pallonji Group stock to be in focus on Tuesday on bagging ₹6,800 crore order. Details here
Afcons Infrastructure, part of the Shapoorji Pallonji Group, has secured a railway construction project in Croatia, marking its second major contract win in a week. The company has been actively expanding its order book with recent projects in India.
1 min read21 Jul 2025Shapoorji Pallonji launches VANAHA Verdant in Pune: 5-acre housing, 600 apartments, ₹800cr potential revenue — details
Shapoorji Pallonji Real Estate is set to develop a five-acre residential project in Pune called VANAHA Verdant, featuring around 600 apartments, with a revenue potential of ₹800 crore.
1 min read16 Jul 2025Shapoorji Pallonji & Co. aims to raise $300 million to refinance its existing debt — Details here
Shapoorji Pallonji Group's construction arm, Shapoorji Pallonji & Co., is in discussions with bankers to raise nearly $300 million to refinance the company's existing debt. Plans to pledge Afcons Infra shares, some other real estate asset assets for further loans.
2 min read3 Jul 2025Andy Mukherjee: Foreign money has rushed in where local lenders fear to tread
There’s a gap in the Indian market for private credit that foreign players have boldly ventured to plug, but domestic lenders suspect these gap-fillers are mispricing risks. The collateral of a Shapoorji Pallonji deal is a case being talked about.
4 min read10 Jun 2025NCLT 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 2025Tata 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 2024Afcons 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 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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