Tata & SP Group reignite exit talks after years: Chandrasekaran meets Mistry in first formal contact since relations soured in 2016

Tata Sons has initiated early talks with minority shareholder Shapoorji Pallonji (SP) Group to explore potential exit and monetisation options for SPs 18.37% stake, currently pledged with lenders. This follows a resolution by Tata Trusts to retain Tata Sons private status and seek a settlement. Chairman N Chandrasekaran recently met Shapoor Mistry, marking their first formal engagement since 2016.