The IPO raised about $1.48 billion based on 32.3 million shares sold and values the company at about $9.3 billion on a fully diluted basis.
Tata Sons boardroom battle intensifies but Tata Group stocks remain unbothered. Should you buy?
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles