As of June 2017, Tata Sons holds 31.6%, 19.35% and 23.5% stake in Tata Motors, Tata Chemicals and Tata Global Beverages, respectively. Photo: BloombergMumbai: Three Tata Group companies—Tata Motors Ltd, Tata Chemicals Ltd and Tata Global Beverages Ltd—witnessed a series of block deals on Tuesday, in which a combined 86 million shares changed hands. Tata Chemicals said Tata Sons will acquire up to 11.1 million shares, or a 4.39% stake, in the company from Tata Global. As of June 2017, Tata Sons holds 31.6%, 19.35% and 23.5% stake in Tata Motors, Tata Chemicals and Tata Global Beverages, respectively. Tata Motors surged over 4% to Rs421.55, Tata Chemicals gained 0.5% to Rs646, while Tata Global Beverages rose 1.6% to Rs216.75, in morning trade.

Source: Mint September 19, 2017 04:51 UTC