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Tata Sons to sell TCS shares worth up to $1.13 billion, term sheet shows

IndiaTimes Monday, 18 March 2024
Tata Sons, the holding arm of Tata Group, plans to sell shares in Tata Consultancy Services (TCS) worth up to 93.62 billion rupees ($1.13 billion) on Tuesday, a term sheet showed. Tata Sons plans to offload 23.4 million shares in the country's top IT services provider, representing 0.65% of TCS' outstanding shareholding, according to the term sheet.
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