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TPG To Sell 3.89% Stake In Tata Technologies Via Bulk Deal, Sources Say

The stake can be offloaded in a price range of Rs 670 to Rs 699 per share, according to the sources.

<div class="paragraphs"><p>Tata Technologies posted a 12% rise in net profit for the March quarter, on April 25. (Photo source: Tata Technologies/X)</p></div>
Tata Technologies posted a 12% rise in net profit for the March quarter, on April 25. (Photo source: Tata Technologies/X)
Tata Technologies Ltd.'s public shareholder TPG Rise Climate Sf Pte. Ltd. is likely to sell 3.89% stake through bulk deal, sources told NDTV Profit on Monday.TPG Rise Climate is an entity linked to US private equity firm TPG Inc. As per the sources, it can offload 15.86 million shares in a price range of Rs 670 to Rs 699, with a discount of as much as 5% to the current market price.At the upper end of the reported selling price range...
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