SP Group rethinks Tata Sons stake sale after RBI's IPO mandate alters landscape

Shapoorji Pallonji (SP) Group is reassessing its plan to monetize its 18.37% stake in Tata Sons following a central bank directive that pushes the holding company toward a public listing. The group, which had sought to sell a 7% stake for around ₹25,000 crore, may now await clarity on the IPO valuation and timing before proceeding. An IPO could offer a more favorable valuation compared to a private sale.