Shapoorji Pallonji to close Rs 25,400 crore financing by mid-May
Published on: April 24, 2026, 10:51 a.m. | Source: The Economic Times
Shapoorji Pallonji Group is set to raise about Rs 25,400 crore by May 15. This funding will be used to refinance existing debt. The group is also seeking approval to temporarily adjust a loan-to-value covenant on its bonds. Developments regarding Tata Sons' stake and potential listing are being closely watched by investors.
