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Tata Motors to sell 9.9% stake in IPO-bound subsidiary Tata Technologies

Tata Motors to sell 9.9% stake in IPO-bound subsidiary Tata Technologies

Oct 14, 2023, at 05:31 am

Mumbai: Tata Motors Limited (TML) is divesting a 9.9 percent stake in its IPO-bound subsidiary, Tata Technologies (TTL), for Rs 1613.7 crore as part of its strategy to reduce debt.