Afcons Infrastructure
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Jun 18, 2024 · The Shapoorji Pallonji group has embarked on monetisation efforts to reduce debt, including the recent sale of its port in Odisha to the Adani group. Its planned initial public offering of group unit Afcons Infrastructure could help it raise about Rs 5,000 crore.
Jun 19, 2024 · PFC approves a Rs 15,000 crore loan to Shapoorji Pallonji Group, aiding the Mistry family in repaying debts. The loan is backed by real estate cash flows and Tata Sons shares.
Jun 19, 2024 · The board of state-run Power Finance Corporation (PFC) has approved a Rs 15,000 crore loan to the Shapoorji Pallonji (SP) group companies, signifying a significant financial boost for the Mistry family, who are the promoters of the group and hold an 18.37 per cent stake in Tata Sons, according to a report by The Economic Times (ET).
Jun 28, 2024 · Shapoor Mistry and family are credited with 18.4% of Tata Sons after his father, Pallonji Mistry, passed away in June 2022, and younger brother, Cyrus Mistry, died in a car accident two months...
1 day ago · Shapoorji Pallonji Group aims to raise Rs 3,000 crore via Deutsche Bank and DAM Capital to refinance debt from Ares SSG Capital and Farallon, reducing 18-22% rates. Supported by a Rs 15,000 crore Power Finance Corporation loan and Gopalpur port sale to Adani Group, the group plans a Rs 7,000 crore Afcons Infrastructure IPO, exploring global funds.
Jun 24, 2024 · Shapoorji Pallonji and Company Private Limited (SPCPL) made a net profit of 17.15 billion Indian rupees in the financial year 2022. And it was estimated that in 2023, the net lost would be around...
Jun 20, 2024 · The board of the state-run Power Finance Corporation (PFC) has approved a Rs 150 billion loan to the Shapoorji Pallonji (SP) group companies, providing a significant financial boost to the Mistry family.
