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New Delhi, Sep 22: Shapoorji Pallonji (SP) Group, the largest minority shareholder with 18.37 per cent stake in Tata Sons, on Tuesday said it is “time to separate from Tata” to end a relationship that has spanned over 70 years.
Tata Sons is the holding company of Tata Group.
In a press statement, the SP Group said: “It stated before the Supreme Court that a separation from the Tata Group is necessary due to the potential impact this continuing litigation could have on livelihoods and the economy”.
“They stated that it was crucial that an early resolution is reached to arrive at a fair and equitable…
