Tata Motors

Photo: First Post

Tata Motors Technologies Unit Files For IPO

Tata Technologies, a unit of Indian carmaker Tata Motors filed for an initial public offering (IPO),  confirmed Tata Motors said in an exchange filing. On March 9, the automobile company said they will not offer any of the 95.7 million shares, representing around 23.6% of its paid-up share capital, to be sold in the IPO. Furthermore,has a 74.69% stake in Tata Tech, will sell up to 81.1 million shares.

Fri, 10 Mar 2023 - 11:27 AM / by Varsha Joshi

Tags: TATA Motors, Tata Technologies, IPO, Shares, INDIAN MARKET

Courtesy: Reuters