Shapoorji Pallonji: Global investor consortium lines up Rs 2,100 …
WEB1 day ago · Engineering and construction major Shapoorji Pallonji group is gearing up to receive investments of over Rs 2,100 crore from a consortium of global investors led by Deutsche Bank, according to sources.The global investors are existing investors in the group's investment company Goswami Infratech, which is also one of the promoter companies of Afcons Infrastructure that is scheduled for Rs ...
Shapoorji seeks Rs 2,000 crore from Davidson Kempner
WEB1 day ago · The Shapoorji Pallonji (SP) group is in talks with its lenders, including Davidson Kempner and Deutsche Bank, to raise around Rs 2,000 crore in additional debt to make upcoming interest payments ...
Shapoorji Pallonji’s Afcons gets Sebi nod for Rs 7,000 crore IPO
WEB4 days ago · Shapoorji Pallonji group’s flagship firm, Afcons Infrastructure Limited (AIL), has received approval from market regulator Securities and Exchange Board of India (SEBI) to raise Rs 7,000 crore through an initial public offering (IPO).
Shapoorji Pallonji Press Releases - Latest News and Updates
WEBJan 9, 2024 · Find out the latest news and developments from Shapoorji Pallonji, a global diversified organisation with a leading presence in engineering, construction, infrastructure, real estate, water, energy and financial services. Read the press releases on divestment, FPSO, Hindu Mandir, and more.
Shapoorji company Goswami Infratech seeks time from …
WEB1 day ago · A closely held Shapoorji Pallonji group entity, Goswami Infratech (GIPL), has sought a three-month extension from its bondholders, which include the likes of Cerberus, Deutsche Bank, and Davidson Kempner, for payment of coupon on Rs 14,300 crore of high-yield bonds until end of this year, two banking industry sources told ET. Separately, the company has also urged bondholders a relaxation in a ...
Shapoorji Pallonji Group wants Tata Sons to go for IPO
WEB3 days ago · Mumbai: The Mistry family's Shapoorji Pallonji (SP) Group, which holds an 18.37% stake in Tata Sons, suggested that the Tata Group holding company explore the possibility of an initial public offering (IPO) to unlock value for stakeholders, according to people with knowledge of the matter. At the Tata Sons annual general meeting (AGM) held on Monday, the SP Group also praised the strong ...
India’s Shapoorji Group Seeks Up to $2.4 Billion From Lenders
WEBMar 21, 2024 · Shapoorji Pallonji Group is in talks with lenders including state-run Power Finance Corp., seeking to raise as much as 200 billion rupees ($2.4 billion), according to people familiar with the...
Shapoorji Pallonji Group’s Infrastructure Unit Afcons …
WEB4 days ago · Shapoorji Pallonji Group the parent company of Afcons Infrastructure is going through a challenging phase marked by significant debt and family business restructuring. The group between January 2022 and January 2023 has reduced its debt from Rs 32,500 crore to Rs 20,000 crore and has been carefully working on plans to reduce it further.
Shapoorji Pallonji Gears Up for Major Investments | Business
WEB1 day ago · The Shapoorji Pallonji group is set to receive over Rs 2,100 crore from global investors led by Deutsche Bank. This comes as the group prepares for a Rs 7,000 crore IPO for Afcons Infrastructure and seeks an extension on debentures payments. The group is focusing on aggressive deleveraging through asset sales.
Tata Sons | Shapoorji Pallonji Group's IPO proposal for Tata Sons ...
WEB2 days ago · The Tatas have rejected a proposal moved by the Shapoorji Pallonji Group for an IPO by Tata Sons, the holding company of the $150 billion salt-to-software conglomerate. The SP Group — which holds an 18.5 per cent stake in Tata Sons — tabled the IPO proposal at the annual general meeting of Tata Sons on Monday.
Skip to content