Tata Steel to get â¹3,825 cr from sale of Tata Motors stake
In order to reduce its debt, Tata Steel is selling shares worth up to â¹3,825 crore in Tata Motors to its parent company, Tata Sons. The inter-promoter share transfer will give Tata Sons another 2.85% stake in Tata Motors. The stake sale will take place on or after June 23 this year.