Tata Capital listing gain cushions Tata Sons from dividend fall blow

He talked about Tata Capital ₹15,512 crore was raised after it was listed on the stock exchange in October last year. Among these, a non-banking financial services company acquired ₹Tata Sons and International Finance Corporation were expected to raise 6,846 crore from new share issue ₹7,498 crore and ₹1,167 crore respectively through some share sale, according to the company’s draft prospectus. After accounting for long-term capital gains tax and related expenses, Tata Sons will have at least ₹6,700 crore.
To be sure, mint The analysis includes only 13 Tata Group companies as some are yet to report earnings.